EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability.
Related Posts
Bitmain S19 Antminers Sell Out, Won’t Ship Until May 11
The world’s largest manufacturer Bitcoin ASIC miners, Bitmain, has sold out its first round of domestic Antminer S19 sales within 24 hours of accepting orders.On March 23, Bitmain tweeted that it opened up its first phase of domestic sales for its long-await Antminer S19s — before selling out on the same day.Antminer S19s will ship…
Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income
HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. 1849 Total views 39 Total shares Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do…
‘We saw mainstream adoption for NFT art kicking off in 2021,’ says NFT.NYC co-founder Cameron Bale
For the past three years, NYC.NFT has been the leading annual gathering in the nonfungible token and digital blockchain art world. This year, over 5,500 attendees and 135 sponsors joined debates, talks, workshops and briefings in the namesake event. In an exclusive ask-me-anything session, Cameron Bale, co-founder of NYC.NFT, joined Cointelegraph Markets Pro users to discuss…
As Libra Battles Critics, Zuckerberg Aims to Win Over US Policymakers
Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content.As noted in Bloomberg’s Sept. 19 report, the meetings come after a summer of intense scrutiny of Facebook’s proposed Libra stablecoin project from United States lawmakers and regulators.A social media titan…
Price analysis 11/6: BTC, ETH, SOL, BNB, XRP, DOGE, TON, ADA, SHIB, AVAX
Crypto markets cheered Donald Trump’s win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Zuck of the Hill: After 6-Hour Libra Grilling, Congress Unconvinced
On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended up enduring almost six hours of mostly critical questioning, as some of the legislators used the occasion to raise…
Mastercard announces successful wrapped CBDC trial results
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. 496 Total views 2 Total shares Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH).According to the October 12 announcement, the trial was conducted
Uniswap’s liquidity plunges 40% in a day as incentives dry up
Almost 40% of liquidity on leading DEX Uniswap has left the platform with the end of UNI rewards for liquidity providers 1536 Total views 12 Total shares The total value of assets locked in leading decentralized exchange (DEX) Uniswap has plummeted by 38% in 24 hours amid the conclusion of its UNI liquidity rewards program…