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The new framework stated that firms that falsely claim that a token is certified by regulators in Singapore will be subjected to fines.
PayPal stablecoin PYUSD has seen a massive reduced embrace from users against the broad hype that trailed its launch
Stablecoin issuer Tether has issued its liquidity report showing it has a total of $3.3 billion to bolster USDT stability
Coinbase Exchange has acquired a stake in stablecoin issuer Circle with USDC going live on 6 new blockchains
US court struck out a class action lawsuit against the stablecoin issuer Tether Holdings and Bitfinex for lack of merit
Stablecoin issuer, Tether Holdings is actively developing a Bitcoin mining software in a bid to boost mining activities
American payments giant, PayPal has launched its own stablecoin dubbed PYUSD as it seeks to compete with existing players
Ripple Labs Inc and the Republic of Palau have performed a CBDC-like stablecoin experiment using the XRP Ledger (XRPL)
The Wyoming Stable Token Act was put forward in the month of February 2022 and signed into law in March 2023.
Jeremy Allaire, the CEO of Stablecoin issuer Circle is interested in doing business with Japan as stablecoin legislation takes effect
The Federal Reserve Chair said: “We do see payment stablecoins as money,” in his testimony in the House Financial Services Committee.
Circle CEO, Jeremy Allaire has advocated for a functional stablecoin legislation as well as a protection of the US Dollar
Mitsubishi UFJ has launched its highly functional stablecoin issuance platform called Progmat Coin in its bid to deepen Web3 access
Stablecoin USDT issuer Tether has paid out approximately $600K from the start of 2022 while Circle paid out $560K in the same period.
BUSD has dipped below the $7 billion range to about $6.8 billion based on a statistical analysis published on Saturday
Members of the United States House Financial Services Committee have introduced a drafted bill for regulating stablecoins in the region
Global digital assets service provider Binance has been called out by a United States regulator for intentionally breaking the regulation
Coinbase exchange is mulling the idea of creating a stablecoin dubbed flatcoins through developers building on Base