Stablecoin
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UK Crypto Exchanges Adapt to New Financial Regulations
Key Insights: UK’s new regulations compel crypto exchanges to enforce user risk assessments, ensuring compliance and informed trading decisions. Enhanced…
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Nigeria’s Central Bank Approves cNGN Stablecoin
The Stablecoin Consortium of Africa (ASC) has granted permission to cNGN issuer. The firm noted that the stablecoin namely cNGN…
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Hong Kong Sets Stricter Rules for Stablecoins to Gain Crypto Hub Status
A recent cryptocurrency news report revealed that Hong Kong has decided to tighten its stablecoin regulations amid the rush to…
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China Proposes Crackdown on Tether Stablecoin Over Illegal Forex Trading
Supreme Court recently issued a warning against Tether stablecoin for its utility as a medium of exchange. The People’s Procuratorate…
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Hong Kong Pioneers Comprehensive Stablecoin Regulations with Public Consultation
Hong Kong is forging a path as a leader in cryptocurrency regulation, embarking on a public consultation to craft a…
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Tether Treasury Mints Another $1B USDT for Inventory Replenish
Stablecoin project Tether recently issued 1 billion new USDT tokens on Christmas Day. However, the move led to criticism from…
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Paxos Set to Expand Stablecoin Operations to Solana in January 2024 with NYDFS Approval
Paxos, a leading stablecoin issuer, has secured regulatory approval to expand its stablecoin offerings to the Solana (SOL) blockchain. This…
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Crypto Lobbying Skyrockets Amidst Call For Stablecoin Regulations In 2023
In a recent report, the crypto ecosystem experienced a massive increase in lobbying actions seeking to reshape stablecoin regulations as…
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Bitcoin Interest: El Salvador Clinch Top Spot, Brazil Displaces Nigeria
El Salvador Tops Global Bitcoin Enthusiasm El Salvador has continued to lead the global Bitcoin enthusiasm standing, demonstrating a strong…
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Tether Steps Up for U.S. Law Enforcement, Freezing Over $400 Million in Assets
Tether, the largest issuer of stablecoins, has taken a significant step in cooperating with U.S. law enforcement agencies by freezing…
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Brazil Introduces New Crypto Tax Law for Overseas
Legislators in Brazil have added cryptocurrency taxation laws to the legal framework of the country. As per the latest updates,…
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German Asset Manager DWS Partners with Galaxy to Introduce Euro Stablecoin
DWS is an asset management firm hailing from Germany that has partnered with Galaxy and Flow Traders to create a…
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Tether Unveils New Wallet-Freezing Rules
Tether has been working with regulatory agencies and law enforcement agencies hailing from various sectors to implement illegal activity controls.…
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Brazilian Top Bank Itau Unibanco Introduces Bitcoin Trading
Itau Unibanco is a Brazilian banking enterprise that recently introduced Bitcoin trading. The new feature is an extension of the…
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Ex-Tether CTO Hints At Transformative Era For Company’s Expansion
The world’s largest stablecoin issuer, Tether, recently announced a change of leadership following the appointment of its former chief technology…
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A Comparative Guide Between PayPal PYUSD and CBDCs
The launch of PayPal’s stablecoin, PYUSD, is a critical development in this merger. It is crucial to understand PYUSD’s position,…
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