Stablecoin

The world of stablecoins is suddenly looking shaky.Seismic shifts may be afoot in the $137 billion (roughly Rs. 11,35,000 crore) market after New York-based Paxos Trust Company, which mints…

The firm behind Binance's stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it should have registered…

The US Securities and Exchange Commission has sued the collapsed stablecoin operator Terraform Labs and its chief executive, Do Kwon, for allegedly arranging a cryptocurrency fraud…

New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos said in a statement on Monday.The…

PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of…

Russia and Iran, two countries that are looking to develop guidelines to regulate the cryptocurrency sector, are reportedly planning to form an alliance to co-develop a stablecoin. The…

After two days of majority cryptocurrencies seeing gains, various cryptocurrencies saw their prices fluctuate on Thursday. Bitcoin, with a loss of 0.37 percent, opened trading at $16,816…

More cryptocurrencies saw losses than profits, as the turbulent month of November 2022 inches closer to its end. Bitcoin on Monday, November 28, opened with a value loss of 2.37 percent.…

Cardano is all geared up to launch an algorithmic stablecoin in 2023, that will be backed by crypto collateral in excess. The proof-of-work (PoW) blockchain has teamed up with COTI to launch…

The pain in the crypto market continued to intensify on Wednesday as the bear grip tightened on the new-age asset class after the near collapse of the crypto exchange FTX. The digital assets…