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


Telegram-verified payments bot to accept Toncoin cryptocurrency
Telegram CEO Pavel Durov is proud that the TON project is "alive and evolving" despite Telegram terminating TON last year. 139 Total views 3 Total shares Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year.“I'm proud that the…

Donald Trump says his campaign will accept crypto
Facing several criminal cases, the presumptive Republican Party nominee for U.S. President is expected to face off against President Joe Biden in November 2024.

ERC-404 token standard, explained
ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use cases.

Rwandan Government to Use Blockchain Tech to Track Conflict Metal Tantalum
Rwanda has partnered with a U.K.-based blockchain startup to trace the mining of the conflict metal tantalum in the country, according to the startup’s press release, published Oct. 16.Rwanda is the world’s leading produces of tantalum, the mineral used in consumer electronics such as smartphones and computers. By using blockchain technology in partnership with startup…

Mastercard’s latest partnership to help banks distribute crypto cards
The partnership is aimed toward simplifying cryptocurrency-to-fiat conversions within Mastercard's existing payment network. 809 Total views 4 Total shares American fintech giant Mastercard has announced plans to revamp its crypto card program, to enable traditional banks and crypto companies to offer cards to its users for transacting with digital assets.According to the official statement:“Mastercard and its…

Italian man caught allegedly using airport computer systems for ETH mining
You can't just mine crypto for profit using other people's systems without them approving it. 1600 Total views 22 Total shares An Italian airport staffer allegedly took advantage of the computer systems at his place of work in order to mine Ethereum (ETH).Employed at an airport located in the Italian city of Lamezia Terme, the…

Fireblocks expands institutional access to Terra’s DeFi ecosystem
Investors in the Fireblocks' Early Access Program put up close to $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live. 256 Total views 25 Total shares Fireblocks, a digital asset custody platform, announced that it has enabled institutional DeFi access to Terra (LUNA), the second-largest decentralized finance…

Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. 122 Total views 1 Total shares A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for…