Stablecoin

South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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
stablecoin

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.