Tag: stablecoins

  • Nations and Their Regulation of Cryptocurrency Worldwide¬†

    Nations and Their Regulation of Cryptocurrency Worldwide 

    Need to Regulate Cryptocurrency all around the world  Cryptocurrency is a digital currency managed by algorithms and has no third-party interference like banks or other sources. Anyone can open this on their laptops, computers, or phones. Therefore, the governments of different nations have different approaches to digital currency.  Even the Financial market regulators are not […]

  • According To IMF Head, CBDC’s Unknown Risk Will Be Irreversible

    According To IMF Head, CBDC’s Unknown Risk Will Be Irreversible

    During the Milken Institute Global Conference on May 1, 2023, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), shared her concerns about the potential risks associated with the adoption of Central Bank Digital Currencies (CBDCs) across the world. It stated that while more than 110 countries are currently developing CBDC, with 65 […]

  • Illinois Department of Finance Push For Cryptocurrency Regulation

    Illinois Department of Finance Push For Cryptocurrency Regulation

    Illinois lawmakers are considering a plan to regulate cryptocurrency regulation in the state, hoping to stabilize the market and protect consumers. Cryptocurrencies such as Bitcoin, Ethereum, and stablecoins have gained popularity over the years, with NBC News describing 2021 as a “crypto craze.” However, the unregulated market has resulted in many Americans losing money due […]

  • Justin Sun Wants To Legalize TRON Tender In BRICS Countries

    Justin Sun Wants To Legalize TRON Tender In BRICS Countries

    Sun elaborated on TRON collaboration with Circle and its efforts to expand its decentralized applications (dApps). Despite recent conflicts, Sun stated that the Tron network has been processing the growth in the market. Additionally, he announced his aim to have TRX adopted as legal tender in five different countries by the end of 2023. China […]

  • USD coin slump because of US Regulators blame Circle CEO

    USD coin slump because of US Regulators blame Circle CEO

    Circle Internet Financial CEO Jeremy Allaire attributes the declining value of the company’s stablecoin, USD Coin, to regulatory problems in the United States and concerns about the country’s banking sector. Circle was founded in 2013 by Sean Neville and Jeremy Allaire, who previously launched a start-up named Brightcove which is a video platform start-up. Circle […]