JPMorgan has emphasized the crucial role of stablecoins in the recovery of the cryptocurrency market. The report suggests that until the contraction of the stablecoin universe comes to a halt,…
In a highly anticipated hearing on stablecoins, the House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion engaged in a spirited debate over the appropriate level…
In a series of tweets, John Reed Stark, a former U.S. Securities and Exchange Commission (SEC) lawyer, has made serious allegations against the popular cryptocurrency Tether, suggesting it is involved…
Republican lawmakers are pushing for a new bill to strip the Securities and Exchange Commission (SEC) of its regulatory power over payment stablecoins. The move comes amid growing frustration over…
The Bank of Korea (BOK), South Korea's central bank, has been authorized to inspect cryptocurrency exchanges in the nation. Media reports said that BOK can request transaction data from digital…
Societe Generale's crypto arm, Forge, is set to launch a new euro stablecoin called "CoinVertible" on the Ethereum blockchain. The stablecoin will bridge the gap between traditional capital markets and…
Circle's Chief Strategy Officer, Dante Disparte, testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on Aprilm 19. He spoke about the benefits of payment stablecoins, which…
A potential landmark stablecoin bill has been released by the U.S. House Financial Committee Services, marking the first significant crypto legislation to emerge in 2023. According to the proposed stablecoin…
The United States House Committee on Financial Services is set to hold a hearing on April 19 to discuss stablecoins and their position as a means of payment. The committee…
Circle's USDC, one of the largest stablecoins, experienced significant delays in processing transactions, causing concern among traders and investors alike. A note by Circle to various trading companies confirmed that…