On Oct. 3, Visa formally unveiled its Visa Tokenized Asset Platform (VTAP) to support stablecoins and tokenized deposits. Spanish bank BBVA plans to pilot …
Latest in Stablecoins
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U.S. Regulation
Rep. Matt Gaetz Introduces Bill Requiring The IRS to Accept Bitcoin as Payment For Federal Income Taxes
by Terron Goldby Terron GoldFlorida Republican Matt Gaetz introduced a bill on Tuesday that would allow people to use bitcoin to pay their federal …
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Blockchain
Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO
by Terron Goldby Terron GoldStablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported …
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Blockchain
Lightning Labs Is Bringing Stablecoins to the Bitcoin Blockchain
by Terron Goldby Terron GoldThe 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 …
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U.S. Regulation
US Lawmakers’ Proposed Ban on Algorithmic Stablecoins Draws Industry Backlash
by Terron Goldby Terron GoldA recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due …
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U.S. Regulation
New York Gives Regulatory Green Light to Blockchain-Focused Asset Manager
by Terron Goldby Terron GoldWisdomTree has gained clearance to offer its “blockchain-enabled” financial app to New York users via a charter expected to also …
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Global Adoption
European Banking Authority Takes Next Step in Finalizing Stablecoin Policy
by Terron Goldby Terron GoldAs mandated by the recently-implemented Markets in Crypto-Assets Regulation (MiCA), the European Union has taken another step toward establishing regulations …
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U.S. Regulation
The White House Tech Policy Unit Deems Distributed Ledger Technology, Digital Assets Vital For National Security
by Terron Goldby Terron GoldOn Tuesday Feb.14, the White House Office of Science and Technology Policy (OSTP) published a paper outlining critical and emerging …
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U.S. Regulation
U.S. Treasury Secretary Yellen Asks Congress For Oversight of Spot Crypto Markets
by Terron Goldby Terron GoldU.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the …
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Blockchain
Digital Payments Partnership: Chainlink and Paxos Power Up PayPal’s PYUSD Stablecoin
by Terron Goldby Terron GoldChainlink and Paxos are setting the stage for Paypal USD (PYUSD) to leap in blockchain adoption. Integrating the PYUSD Chainlink …
