Stablecoins

Visa Confirms Platform For Stablecoins, Tokenized Deposits, BBVA Bank First Client

On Oct. 3, Visa formally unveiled its Visa Tokenized Asset Platform (VTAP) to support stablecoins and tokenized deposits. Spanish bank BBVA plans to pilot…

1 year ago

Rep. Matt Gaetz Introduces Bill Requiring The IRS to Accept Bitcoin as Payment For Federal Income Taxes

Florida Republican Matt Gaetz introduced a bill on Tuesday that would allow people to use bitcoin to pay their federal…

2 years ago

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO

Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported…

2 years ago

Lightning Labs Is Bringing Stablecoins to the Bitcoin Blockchain

The developer behind Bitcoin's Lightning Network has tested a protocol designed to enable stablecoins to be issued on the Bitcoin blockchain, its CEO said. Speaking at the Financial…

2 years ago

US Lawmakers’ Proposed Ban on Algorithmic Stablecoins Draws Industry Backlash

A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due…

2 years ago

New York Gives Regulatory Green Light to Blockchain-Focused Asset Manager

WisdomTree has gained clearance to offer its “blockchain-enabled” financial app to New York users via a charter expected to also…

2 years ago

European Banking Authority Takes Next Step in Finalizing Stablecoin Policy

As mandated by the recently-implemented Markets in Crypto-Assets Regulation (MiCA), the European Union has taken another step toward establishing regulations…

2 years ago

The White House Tech Policy Unit Deems Distributed Ledger Technology, Digital Assets Vital For National Security

On Tuesday Feb.14, the White House Office of Science and Technology Policy (OSTP) published a paper outlining critical and emerging…

2 years ago

U.S. Treasury Secretary Yellen Asks Congress For Oversight of Spot Crypto Markets

U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the…

2 years ago

Digital Payments Partnership: Chainlink and Paxos Power Up PayPal’s PYUSD Stablecoin

Chainlink and Paxos are setting the stage for Paypal USD (PYUSD) to leap in blockchain adoption. Integrating the PYUSD Chainlink…

2 years ago