Stablecoin

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

On March 2, 2023, FTX debtors released their second stakeholder presentation,… More…

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Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Cryptocurrency exchange Coinbase announced it will suspend trading… More…

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Bitcoin bulls remain in charge even in the face of increasing regulatory FUD

BTC’s correction to $22,750 followed negative remarks from financial… More…

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5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

2022 was a year of phenomenal cryptocurrency blowouts, as several… More…

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BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

After Paxos announced that it would no longer mint the stablecoin … More…

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Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

On Friday, the cryptocurrency firm and stablecoin issuer Circle … More…

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Mastercard Rolls Out System Allowing for Stablecoin Payments Directly From Crypto Wallet

A collaboration between financial services giant Mastercard and… More…

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Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin

The vote is a step for Frax’s native stablecoin frxUSD to retire its… More…

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New Canadian rules for crypto trading platforms leave little room for stablecoins

The Canadian Securities Administrators has tightened registration… More…

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Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report

New York-based crypto company Paxos Trust Company is in “constructive… More…

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