Category: Stablecoins

The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property

The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion…

Basis Stablecoin Confirms Shutdown, Blaming ‘Regulatory Constraints’

Basis, the most well-funded stablecoin startup, has confirmed that it is shutting down and returning all of its remaining funds…

New Platforms Track Major Stablecoin Markets

The birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these…

Stablecoin Issuer Stasis Promises Full Audits of Euro-Backed Crypto Token

Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its…

2019 Will Be a Big Year for Stablecoins

Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm. — The current wave of stablecoin issuances is…

Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether Ltd., the controversial issuer of the tether stablecoin (USDT), which aims for parity with the U.S. dollar, announced Tuesday…

Crypto Payments Processor BitPay to Support Paxos Stablecoin

Crypto startup Paxos is partnering with payments firm BitPay to allow the latter’s merchants utilize the Paxos Standard stablecoin in…

Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

The crypto market took a turn for the worse on Wednesday when it lost nearly $30 billion in total market…

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