Tag: stablecoin

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Hong Kong Grants HKDAEx SFC License, Boosting Crypto Hub Status

HKDAEx receives the SFC license despite missing the official application date. Hong Kong keeps strict regulations in order to maintain its position as...

Binance Pay Partners with Banking Circle to Integrate EURI Stablecoin

Binance Pay now accepts EURI, Banking Circle's MiCAR-compliant e-money token. The partnership's mission is to make digital currencies more accessible and widespread. Binance Pay...

Russia Set to Launch Two Crypto Exchanges to Power Global Trade

Russia is set to launch crypto exchanges in Moscow and St. Petersburg, aimed at enhancing foreign trade. The new exchanges will initially target...

PayPal Teams Up with Anchorage to Launch Interest Rewards for PYUSD Holders

PayPal collaborates with Anchorage Digital to offer interest rewards on PYUSD holdings. The initiative is meant for institutional investors who operate outside of...

Tether USDT Joins Aptos Blockchain for Ultra-Low-Cost Transactions

Tether has set up USDT on Aptos Blockchain to leverage its speed and scalability. The integration offers extremely reduced gas fees, making transactions...

Tether Unveils New Version of Itself Backed By Gold

After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum...

Prime Minister Mikhail Mishustin: Crypto Taxes Are Coming to Russia

Russian Prime Minister Mikhail Mishustin is looking to implement crypto taxes in his native land. Mishustin: Crypto Must Be Taxed In a recent interview, Mishustin –...

Aurus Will Issue a New Stable Coin Supported by Gold

Another gold-backed cryptocurrency is making its way onto the trading market. This time, the issuing company is Aurus, a digital currency startup that says...

Jeff Garzik Thinks Stable Currencies Are the True Staples of the Industry

Considering there is so much hype surrounding bitcoin and other mainstream altcoins, is it possible we’ve forgotten about stable currencies? According to Jeff Garzik,...

Binance Now Supports Two Stablecoins Following USDC Addition

Stablecoins continue to play a role of importance in the cryptocurrency industry. Binance, the world's leading altcoin exchange, confirms that the USDC asset will...

Tether Claims $1.8 Billion Balance in Account – Publishes Letter from New Banker as Proof

Just after announcing its new banking partner, controversial stablecoin Tether has published a letter from the bank confirming the availability of more than $1.8...

Tether Announces New Banking Partner, Confirms Cash Reserves

The trouble-stricken stable coin USDT has announced a new banking relationship with the Bahamas-based Deltec bank. Tether’s New Banking Partner Tether Limited, the firm behind the...