The Governors of New York introduced Assembly Bill 7024, to implement stablecoin bail payments.
Taking into account that stablecoins have the support of a fiat currency, one can think of greater security and easy integration into the financial system.
According to lawmakers, if the bill is…
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StableCoins
Circle CEO says SEC is not the appropriate regulator for stablecoins
Jeremy Allaire, CEO of Circle, one of the leading cryptocurrency companies in the United States, expressed his opinion on the regulation of stablecoins by the United States Securities and Exchange Commission (SEC).
Allaire believes that…
Brazil authorizes payment of taxes with cryptocurrencies
The ease provided by cryptocurrencies when carrying out any transaction encourages Banco do Brazil to implement state tax payments with this modality.
The financial entity, one of the most important in the hands of the Brazilian…
Binance commits to supporting BUSD stability system
Binance, one of the largest cryptocurrency exchanges in the world, announced its commitment to support the Binance USD (BUSD) stability system, while exploring the possibility of implementing non-dollar stablecoins.
According to Binance…
Visa targets stablecoin liquidations
Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform.
The head of the company's cryptocurrency division, Cuy…
Crypto ban in China poses a risk
Huang Yiping, a former member of the People's Bank of China's Monetary Policy Committee, said the current ban on cryptocurrency trading in China could result in long-term missed opportunities for the formal financial system, including…
Argentine province authorizes payment of taxes in cryptocurrencies
The inhabitants of the Argentine province of Mendoza will be able to pay municipal taxes with cryptocurrencies and stablecoins, according to the decision recently announced by the local Tax Administration.
With this initiative, the tax…
Dogecoin announces security iImprovements
The dogecoin (doge) development team recently announced the release of an update aimed at offering improvements in security, efficiency and user interface.
Specifically, update 1.14.6, came into operation this Thursday, July 21, reaching…
UK to apply regulations for stablecoins
Regulators from the United Kingdom are promoting a bill in Parliament, which contemplates the implementation of a regulation for stablecoins as payment tools.
These laws are part of the Financial Services and Markets Act, which aims to…
OGE prohibits legislators with cryptocurrencies from participating in its regulation
The Office of Government Ethics (OGE) issued a measure that prohibits legislators who own any type of crypto assets privately from participating in federal laws and policies” that impact the regulation and valuation of crypto assets.…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Euro-pegged stablecoins grow in popularity
The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat…