The European Banking Authority (EBA) has released a consultation paper outlining proposed guidelines for liquidity stress testing of asset reference tokens as mandated by the newly…
Progmat Coin Ecosystem Taking Shape in Japan The Progmat Coin ecosystem is developing in Japan, with the aim of launching two stablecoins in the summer of…
The European Banking Authority’s New Guidelines for Stablecoin Issuers The European Banking Authority (EBA) is proposing new guidelines for stablecoin issuers to establish minimum capital and…
FTX Seeks Court Permission to Sell $744 Million Worth of Assets A new bankruptcy court filing shows that FTX and its debtors are requesting permission to…
FTX: Understanding the Crypto Crisis The collapse of FTX had a significant impact on the crypto market, leading to a sharp decline in cryptocurrency prices, loss…
Coinbase Drops Support for Bitcoin SV (BSV) Coinbase, the largest cryptocurrency exchange in the United States, has announced that it will no longer support Bitcoin SV…
In a recent move, FTX and its debtors filed a motion in the Delaware bankruptcy court to sell approximately $744 million worth of digital asset trusts…
Aave’s GHO Stablecoin Struggles to Maintain Dollar Parity Aave’s stablecoin asset, GHO, has been facing challenges in maintaining its peg to the U.S. dollar. Currently valued…
Sam Bankman-Fried Found Guilty of Fraud and Conspiracy After a 15-day trial, Sam Bankman-Fried, the founder of FTX and Alameda Research, has been convicted on seven…