The United States Securities and Exchange Commission (SEC) opened an investigation into the fintech Circle, known for being the creator of the stablecoin USD Coin, the second largest stable-value cryptocurrency on the market.
"In July 2021 we received an investigation subpoena from the SEC's…
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stablecoin
Argentina launches stablecoin with soy collateral
Argentina innovates the crypto world with the launch of a stablecoin that they called Cryptosoja, a currency collaterized into soy, as reported by local media Agrotoken through a statement.
The initiative promoted by production firms such…
BiLira, the new Turkish stablecoin that joins BTSE
The crypto exchange BTSE has decided to incorporate the Turkish stablecoin BiLira (TRYB) to its platform with the aim of offering investors a new ramp to access the crypto markets.
As reported by BTSE co-founder and CEO Jonathan Leong, the…
Libra’s core lies in blockchain technology
A senior executive of the Facebook Libra project, assured that the core of this cryptocurrency lies in blockchain technology.
Since the white paper of this digital asset was launched in June 2019, the stablecoin not yet launched continues…
Libra from Facebook to stablish a new financial system
After strong regulatory and political pressures seen in a large number of the countries of the world with respect to the stablecoin of Facebook, libra, the managers of the social network with greater percentage of users raises to generate…
The US Congress and the SEC discuss cryptocurrencies
After a memorandum issued on September 19th by the Financial Services Committee of the House of Representatives, it was agreed to hold a meeting next Tuesday entitled "Supervision of the Exchanges and Securities Commission: Wall Street's…
Wells Fargo develops a stablecoin for internal use
In its pilot phase, the cryptocurrency driven by Wells Fargo will be used under the blockchain platform, initially for the internal liquidation of the company for international payments within its global network through a token, as…
Tether to launch stablecoin backed by gold and oil
In a recent announcement from the Tether stablecoin platform it was learned that they are working on a USDT version that would be backed by "a basket of commodities such as oil, gold and even rubber."
The news was released by one of the…
Velutini: “Libra appears as a disruptive cryptocurrency”
The digital economy has been growing in recent years and an example of this has been the rise that cryptocurrencies have experienced and the increase in their popularity.
Recently, Facebook announced the creation of Libra, a cryptoactive…
Taringa launches stablecoin as a reward for users
The project was unveiled on Friday at the Blockchain Summit in Latam in Mexico City. The program was called "Taringa Pioneros" and will reward users with points for creating popular platform content.
The points can then be converted into…
Goldman Sachs could launch its own stablecoin
One of the most recognized banks in the world, Goldman Sachs, is evaluating the possibility of launching its own cryptocurrency. The bank's CEO, David Solomon, explained that he is conducting extensive research into tokenization.
Without a…
Uber, Paypal, Visa and Mastercard will support Facebook’s GlobalCoin
The social networking giant catched more than a dozen partners for the launching of its cryptocurrency GlobalCoin, a stablecoin developed in secret for more than six months. Each of the new partners will invest $10 million in the project.…