Cryptocurrency exchanges now have more stablecoins on their books than ever before in a fresh sign investors are waiting to buy Bitcoin (BTC) and altcoins. Data from on-chain analytics platform CryptoQuant shows... Read more »
Key Takeaways UST is an algorithmic stablecoin on Terra. It’s pegged to the value of the U.S dollar. Because UST is unbacked, it can potentially de-peg from the dollar during periods of... Read more »
Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory... Read more »
In the early crypto era, when only few knew of any cryptocurrency outside of Bitcoin, it was under a constant deluge of criticism. Charlie Munger, the Vice Chairman of Berkshire Hathaway, summed... Read more »
The Terra ecosystem has experienced parabolic growth this fall which culminated this Friday as its native cryptocurrency LUNA reached its all-time high of $100. LUNA’s growth was fueled by the significant traction... Read more »
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions,... Read more »
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off