Senator Bill Hagerty will introduce legislation Tuesday to create a comprehensive regulatory framework for stablecoins, marking the latest Republican push …
Latest in Stablecoins
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Market Watch
Circle Looks to Binance to Help USDC Catch Up with Tether in Stablecoin Adoption
by Terron Goldby Terron GoldBinance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility …
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Global Adoption
Global Stablecoin Supply Hits New High, Nears $200 Billion
by Terron Goldby Terron GoldThe supply of stablecoins within the crypto market has blown to a new high. With ever increasing supply, the global …
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Global Adoption
Brazil Proposes Ban on Stablecoin Withdrawals to Wallets
by Terron Goldby Terron GoldThe Central Bank of Brazil (BCB) has introduced a regulatory proposal that could change how people use stablecoins. The proposal …
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Global Adoption
Tether CEO Slams Italy Plan to Increase Capital Gains Tax on Bitcoin to 42% From 26%
by Terron Goldby Terron GoldItaly is preparing to increase the capital gains tax on Bitcoin and other cryptocurrencies to 42%, according to Deputy Finance …
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Blockchain
Visa Confirms Platform For Stablecoins, Tokenized Deposits, BBVA Bank First Client
by Terron Goldby Terron GoldOn Oct. 3, Visa formally unveiled its Visa Tokenized Asset Platform (VTAP) to support stablecoins and tokenized deposits. Spanish bank BBVA plans to pilot …
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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 …