What To Know About Tether’s Alloy (aUSD₮): The New Gold-Backed Stablecoin
George WardSeveral stablecoins have emerged, each backed by various assets to help lower the inherent volatility of cryptocurrencies and other digital…
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UK-based Crypto Manager Tap Global Enters US Market
Michael ScottUK-based crypto management company Tap Global announced the expansion in the US. The company downplayed the regulatory uncertainty, indicating that…
BIS Reports Over 90% of Central Banks Explore Wholesale CBDC
A recent report by the Bank for International Settlements (BIS) reports that 94% of central banks are exploring wholesale CBDC.…
Detailed Guide on PYUSD Stablecoin and its Unique Features
Paxos Trust Company is a regulated blockchain infrastructure company that is subject to control by the New York State Department…
Comprehensive Guide to Understanding How to Buy PayPal USD and Suitability to Investment
PayPal USD (PYUSD) PYUSD is presently available to eligible PayPal clients in the US. It provides a flawless means to…
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Donald Trump Urges US to Settle Top Place in Crypto Industry
The US Republican candidate Donald Trump, reiterated his open-mindedness to urge the country to settle for the top place in…
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US House Votes to Passes Crypto Regulation FIT21 as Democrats Support Historic Framework
The US House of Representatives held a vote with lawmakers supporting the crypto market structure bill seeking to bring clarity…
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Tether Restructures to Expand Mission Beyond Stablecoins
The firm behind the world’s largest stablecoin by market capitalization, USDT, unveiled new divisions as it embarks on an expanded…
Lummis Guides Push for United States Stablecoin Ratification
Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) recommenced a bilateral push on Capitol Hill to control stablecoins in the United…
Coinbase Joins Circle to Question Basel Committee’s Requirements for Stablecoin
The US largest crypto exchange by trading volume joined stablecoin USD Coin (USDC) issuer Circle to contest the proposals by…
Bitcoin Set for Price Discovery Following Exhaustion of Excessive Leverage
Bitcoin price is attracting mixed opinions at a time when the price plunged 12.5% to exchange hands at $64,545. The…
Nigeria Investigating Binance Alleging Money Laundering and Terror Financing
Nigerian authorities, in a Thursday February 29 update, informed the media they apprehended two Binance officials in a probe if…
A Detailed Guide to Understanding Crypto Exchange Liquidity and Improvement Strategies
Liquidity in Financial Markets Explained Liquidity refers to quickly converting an asset into cash without considerably affecting its value. High…
US Congress Questions Meta on Crypto-related and Blockchain Plans
The Mark Zuckerberg Meta is subject to inquiry from US lawmakers over its plans following the five trademark filings that…