NY financial regulator approves Ripple stablecoin — Brad Garlinghouse
The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin.
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Third Largest Crypto Exchange Huobi Opens Deposits for New ‘Stablecoin Solution’ HUSD
Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday, Oct. 19.Set to go live from Friday, the project, known as HUSD, will consist of Huobi’s own stablecoin asset which investors can use as an go-between to interact with four USD-backed stablecoins currently listed on the…

5 key takeaways from Huobi 2022 crypto industry report
Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows.In the latest industry report from cryptocurrency exchange Huobi, "Global Crypto Industry Overview and Trends", trends and stats were pulled from the industry on everything from nonfungible tokens (NFTs) and the metaverse,…

Rep claims his firm was 8 years ahead of its time on DeFi
Timing is crucial. DeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro."I think that DeFi is super interesting," Assia said on Oct. 6 during a panel on crypto exchanges and venture investments, as part of the LA Blockchain Summit."We actually built a decentralized exchange back…

Trump’s Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One
Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possible "in a very cryptocurrency way." 1185 Total views 60 Total shares President Donald Trump’s nominee for the Federal Reserve board of governors is reiterating her advocacy for the gold standard — and adding…

SEBA Bank launches regulated gold token to enable digital ownership of physical gold
"Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence," says SEBA Bank CEO Guido Buehler. 667 Total views 36 Total shares On Dec. 15, SEBA Bank, a licensed Swiss digital…

United Citizens Organization launches as a blockchain initiative at COP26
Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology.The GloCha United Citizens Organization (UCO) for Action for Climate Empowerment has been launched at COP26 as a blockchain-based…

US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto
Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal MotherJones reported Nov. 14.Whitaker, a Trump loyalist, was appointed by the U.S. president to replace former attorney general Jeff Sessions Nov. 7.Among other controversies, Whitaker is now being…