Paxos gains initial MAS approval to issue USD stablecoin in Singapore By Investing.com
[ad_1] © Reuters. SINGAPORE – Cryptocurrency brokerage Paxos has received initial approval from the Monetary Authority of Singapore (MAS) to issue a U.S. dollar-backed stablecoin,...
Paxos to issue USD stablecoin in Singapore, wins initial approval By Cointelegraph
[ad_1] Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin....
Progmat stablecoin platform takes shape as wallet, liquidity providers join By Cointelegraph
[ad_1] The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ...
EU banking watchdog proposes liquidity rules for stablecoin issuers By Cointelegraph
[ad_1] The European Banking Authority (EBA) — the European Union’s banking watchdog — has proposed a new set of guidelines for stablecoin issuers that will...
Stablecoin issuer Circle weighing up 2024 public launch: Report By Cointelegraph
[ad_1] (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to Bloomberg. A Nov. 7 Bloomberg report citing people with...
Wintermute claims NEAR backed out of $11M stablecoin redemption deal By Cointelegraph
[ad_1] The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy...
Moody’s unveils service that uses AI to predict stablecoin depeggings By Cointelegraph
[ad_1] Moody’s Analytics is launching a new stablecoin service that will use AI to predict probable depeggings “in a 24-hour time horizon” while providing real-time...
UK stablecoin regulation begins to take shape in multiple FCA, BOE documents By Cointelegraph
[ad_1] A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a...
PayPal faces SEC action related to PYUSD stablecoin: Official By Cointelegraph
[ad_1] Payment giant PayPal (NASDAQ:) has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin. The Enforcement...
Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning By Cointelegraph
[ad_1] © Reuters. (BTC) is at 17-month highs with just 164 days until the next Bitcoin halving event, alongside anticipation of a spot Bitcoin exchange-traded...