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Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro
Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro
The National Australia Bank (not to be confused with the Reserve Bank of Australia) plans to launch its own AUDN stablecoin pegged to the Australian dollar by mid-2023.
The Terra Classic update aimed at eliminating the possibility of re-minting tokens and increasing the cost of gas by five times has been accepted by the community and supported by Binance. The price of LUNC increases.
As we wrote earlier, the Financial Services Agency (FSA) of Japan plans to lift the ban on the distribution of foreign stablecoins within the country in 2023. The first details concerning the time frame have been disclosed, шn a conversation with Cointelegraph a representative from the FSA mentioned a few
Alex HarutunianAs we wrote earlier, the Financial Services Agency (FSA) of Japan plans to lift the ban on the distribution of foreign stablecoins within the country in 2023. The first details concerning the time frame have been disclosed, шn a conversation with Cointelegraph a representative from the FSA mentioned a few
Alex HarutunianThe National Australia Bank (not to be confused with the Reserve Bank of Australia) plans to launch its own AUDN stablecoin pegged to the Australian dollar by mid-2023.
Alex HarutunianThe Terra Classic update aimed at eliminating the possibility of re-minting tokens and increasing the cost of gas by five times has been accepted by the community and supported by Binance. The price of LUNC increases.
Alex HarutunianThe authorities in Russia and Iran are discussing the creation of a stablecoin tied to gold. The "Token of the Persian Gulf region" will be used for cross-border payments, but first a legislative framework for regulating cryptocurrencies is required.
Alex HarutunianAs we wrote earlier, 2022 was quite a difficult year for stablecoins, but they managed to reach a record settlement volume, exceeding $7 trillion. Then, Peter Johnson predicted that the total settlement volume of stablecoins in 2023 would bypass Visa.
Alex HarutunianA stablecoin linked to gold, Tether Gold (XAUT), has been listed on ICRYPEX crypto exchanges.
Alex HarutunianOn the 11th October 2022, the FSB published two consultative reports recommending frameworks for the international regulation of crypto-assets. On the 4th January 2023 they published the commentary responses they received back from 49 different organisations.
ObserversIt transpired that on January 3, Bitcoin miner Core Scientific and Celsius reached an agreement to disable more than 37 thousand mining machines.
Alex Harutunian