Circle proposes new capital-risk framework for stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework.
Related Posts
More resilient and user-controlled than the AWS: Colin Evran’s vision for Filecoin
In the beginning of 2021, Filecoin was a relatively unknown decentralized peer-to-peer storage service with a total network capacity barely making a dent in the digital storage space. Less than two years later, the Filecoin team claimsthe blockchain has grown to eclipse 10% of the storage capacity of Amazon Web Service, the most popular vendor in…
Bitcoin investors ‘no longer fearful’ — watch this BTC price level next
Sentiment breaks out from "extreme fear" along with Bitcoin price action as expectations call for only a modest correction before fresh gains. 329 Total views 10 Total shares Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price…
US SEC issues no-action letter on compressed digital asset settlement process
The U.S. Securities and Exchange Commission (SEC) took a major step toward streamlining digital asset securities settlement by compressing the previous four-step process into three in a bid to reduce operational risk for broker-dealers.The SEC issued a no-action letter on Sept. 25, stating it will not penalize any broker-dealer operating an alternative trading system (ATS)…
Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21–27, 2022
If you’re looking at the price of Bitcoin (BTC), it’s hard to be bullish these days. The flagship cryptocurrency has once again broken below $40,000, with analysts foretelling of a much bigger decline in the weeks ahead. Unfortunately, many new investors forget to treat crypto as an exponential asset class and therefore, let short-term price…
Are ZK-proofs the key to Europe’s new digital ID regulations?
According to Dr. Jonas Gross, CEO of Hakata, zero-knowledge proofs (ZKPs) could be the key to enhancing privacy and security in the EU's groundbreaking digital identity and wallet regulation.
China: Blockchain Is the Future But Keep it Rational — Avoid ‘Aircoins’
China’s official state-owned media has endorsed “orderly” blockchain innovation but cautioned the public to “keep it rational” and avoid the hype around “aircoins.” On Oct. 4, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted two screenshots showing a rough translation of the new report from the CPC-owned English-language news portal China…
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. 1092 Total views 11 Total shares FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared…
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income. 439 Total views 19 Total shares A United States couple suing the federal tax agency over Tezos (XTZ) staking rewards taxation chose to forego a tactical victory and engage in a court battle…