Russia is mulling over the possibility of using stablecoins for cross-border settlements in the country.
Russia’s Deputy Finance Minister Alexey Moiseyev was quoted on the local news agency TASS. He stated…
Kwasi Kwarteng has been recently appointed as the newest chancellor of the exchequer or chief financial minister of the U.K., by Liz Truss, the recently elected Conservative Party Leader and…
Celsius Network, a crypto lender that is going through bankruptcy, stated that it expects to be able to keep operating through the end of 2022 thanks to a recently found…
According to a South Korean news source, the local central bank has suggested that Initial Coin Offerings (ICOs) would be permitted under the Digital Assets Framework Act. It is predicted…
To participate in Klaytn’s KLEX incentive program, the Klaytn ecosystem enthusiasts are asked to add liquidity to all recently launched pools.
Holders of Klatyn-based currencies, large stablecoins, and popular altcoins can…
In order to prepare for new cryptocurrency rules that address the ongoing liquidity crisis and withdrawal concerns, the Monetary Authority of Singapore (MAS) has begun to take action.
Certain applicants and…
Web3 platform Coordinape — which aids Decentralised Autonomous Organisations (DAOs) in their management and resource distribution to working contributors — recently launched a decentralised remuneration system called CoVaults.
CoVaults are self-custody…
Tether’s USDT, Circle’s USDC and Binance’s BUSD alone have a combined market cap of roughly US$140 billion, making their movements in traditional financial markets increasingly important and significant.
Stablecoin issuers such…
In response to the "Terra/LUNA collapse,” South Korean regulators claim they would take action to control stablecoins.
According to ZDNet Korea, the regulatory Financial Supervisory Service (FSS) has noted that the…
Blockchain adoption is being hampered by current crypto strategies. Businesses are exposed to unpredictable operating costs when gas tokens exhibit inflationary behaviour similar to commodities and fluctuate in price dramatically.
Blockchain…