Concerns Over Unregulated Stablecoins: US Federal Reserve Official Michael Barr, a high-ranking official at the US Federal Reserve, has raised concerns about the increasing use of…
Ripple’s Shift in Focus: Is XRP Still on Track to Become a Reserve Currency? Ripple’s strategic direction with the XRP token has historically been a topic…
Republican Representatives Accuse Federal Reserve of Hindering Stablecoin Regulation Three Republican lawmakers, Representatives French Hill, Bill Huizenga, and Patrick T. McHenry, have written a letter to…
Republican Lawmakers Criticize Federal Reserve’s Oversight of Cryptocurrency Three Republican lawmakers, including House Financial Services Committee Chair Patrick T. McHenry, have expressed concern over the Federal…
Republican Lawmakers Accuse Federal Reserve of Undermining Stablecoin Regulation A group of Republican lawmakers has criticized the Federal Reserve for impeding the advancement of their bill…
The Federal Reserve Tightens Regulation of Stablecoins The Federal Reserve of the U.S. has issued new guidelines for national banks regarding the use of stablecoins and…
Stablecoins Might Help the U.S. Dollar Maintain Its Reserve Currency Status In an op-ed article by Brian Brooks and Charles Calomiris, they explain how stablecoins can…
Stablecoins at the Heart of a Dollar-Based Revolution, Say Brooks and Calomiris According to an opinion piece in The Wall Street Journal, stablecoins could play a…
Key Points: Binance’s proof-of-reserves report shows a significant decline in USDC balances. Binance potentially used $3.4 billion to procure Bitcoin and Ether. It is unclear if…