Stable Coin
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
South Korean authorities have increased their search for Do Kwon and deployed state officials to Serbia.
The UK is a step closer to launching a central bank digital currency
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
U.K. Treasury Proposes Ambitious Crypto Regulations
The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them.
Tether Denies Receiving Any Loans From Celsius
Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report.
HKMA Stablecoin Regulations to Demand Backing by Underlying Assets
The main financial regulator will require stablecoin issuers to always back their values with reserve assets.
Cardano's New Algorithmic Stablecoin DJED
ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar.
Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin
Two UK firms employ ATM stablecoins to make Britain a "crypto centre."
USDC issuer Circle releases accountant-verified report
Circle's newest reserve report shows $44.5 billion USDC stablecoin assets.
Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project
After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative.
Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal
Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations.