stablecoin regulation

Binance to Stop Supporting USDC
Binance to Stop Supporting USDC
Binance, issuer of third-biggest stablecoin, announced it will automatically move customers’ funds to its Binance USD (BUSD) token from alternatives, including the larger USD...
Binance to Stop Supporting USDC

Former CFTC Chair ‘Very Concerned’ About Funding for Crypto Regulation
Former CFTC Chair ‘Very Concerned’ About Funding for Crypto Regulation
Former Chairman Timothy Massad discusses his concerns over CFTC’s insufficient funding for crypto regulation. “We didn’t have the resources to do the things we really needed t...
Former CFTC Chair ‘Very Concerned’ About Funding for Crypto Regulation

Tether Slashing Commercial Paper Holdings, New Auditor Confirms
Tether Slashing Commercial Paper Holdings, New Auditor Confirms
BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 3...
Tether Slashing Commercial Paper Holdings, New Auditor Confirms

DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug
DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug
Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liqu...
DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug

MakerDAO Founder: Crypto Is a 'Force for Good'
MakerDAO Founder: Crypto Is a ‘Force for Good’
MakerDAO founder Rune Christensen weighs in on how DeFi projects can “interact with the real world economy” and do things like invest in real estate and renewable energy. Chri...
MakerDAO Founder: Crypto Is a 'Force for Good'

What to Expect From House of Representatives' Stablecoin Hearing Next Week
What to Expect From House of Representatives’ Stablecoin Hearing Next Week
The House of Representatives will convene next Tuesday to discuss stablecoin regulation. The Senate Banking Committee will also hold its own hearing on stablecoins the week af...
What to Expect From House of Representatives' Stablecoin Hearing Next Week