The OCC published guidance allowing U.S. banks to work with stablecoin issuers. Meanwhile, the ECB thinks the term stablecoin can be “misleading.”
A slew of regulatory happenings are in the works: a Bahamian CBDC, a potential ban on crypto trading in India and a plan to unify state banking compliance standards across the U.S.
Square is pushing back against crypto patent hogs, Binance is doubling down on DeFi and the ECB’s Lagarde says Europe is losing the CBDC race.
A DBS Bank economist thinks the coronavirus pandemic will accelerate digital asset adoption while Mastercard announced a CBDC testing ground.
Arca is acting like an activist investor in its dealings with Gnosis while Venezuelan officials appear to have blocked access to Coinbase.
Tether disputes allegations of market manipulation, Vitalik Buterin proposes a fix for Ethereum’s high gas fees and Voatz weighs in during a federal trial.
Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless.
INX is gearing up for a landmark IPO while 1 billion tether jumped from Tron to Ethereum.
Stablecoin demand may become unbalanced if traders ditch a “market-neutral strategy” while Ethereum gas fees drive Tether to adopt a new rail.
Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most liquid exchange and bitcoin is moving off exchanges.