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New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction
8.7.2020
Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins
26.12.2019
Russia’s central bank starts testing stablecoins and doesn’t assume that they will act as a payment method and become a substitute of money
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
20.10.2019
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday