stablecoins

  1. Hanno Labuschagne

    SARB concerned about crypto risks without further regulation

    SARB concerned about crypto risks without further regulation The South African Reserve Bank warned that a lack of comprehensive regulations for crypto assets and stablecoins has emerged as a new risk, posing a significant threat to the country’s financial sector. Cryptocurrencies, because of...
  3. Hanno Labuschagne

    Court orders Do Kwon extradition to South Korea — US not happy

    Court orders Do Kwon extradition to South Korea — US not happy Prosecutors in the US will continue to seek extradition of former cryptocurrency mogul Do Kwon despite a ruling by Montenegro’s High Court to hand him over to his native South Korea to face charges over the $40 billion collapse of...
  4. Hanno Labuschagne

    Binance will convert USDC into its own stablecoin

    Binance will convert USDC into its own stablecoin Binance, the largest crypto exchange by volume, will start converting any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into the company’s own stablecoin, according to a statement published on...
  5. Jan

    Regulators eyeing stablecoins - worried about hidden danger to financial system stability

    Cryptocurrency ticking timebomb Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility. Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed...
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