Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

(source: en.wikipedia.org)

Bitcoin Daily: German Finance Minister Pooh-Poohs Libra Currency; Tether Created $5B In Stablecoins By Mistake
Bitcoin Daily: German Finance Minister Pooh-Poohs Libra Currency; Tether Created $5B In Stablecoins By Mistake
July 17, 2019  |  Bitcoin

Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra. “The issuance of a currency does...

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India Keeps Its Distance From Facebook’s Libra
India Keeps Its Distance From Facebook’s Libra
July 09, 2019  |  Cryptocurrency

India, Asia’s third-largest economy, remains skeptical about Facebook’s proposed cryptocurrency Libra and has said that it won’t just allow the coin into the country, according...

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Bitcoin Daily: Dutch Parliament Cracks Down On Money Laundering; Busan Considers Launching Its Own Crypto
Bitcoin Daily: Dutch Parliament Cracks Down On Money Laundering; Busan Considers Launching Its Own Crypto
July 02, 2019  |  Bitcoin

Dutch ministers have revealed plans to regulate cryptocurrencies in order to prevent money laundering in the country. Minister of Finance Wopke Hoekstra and Ferdinand Grapperhaus,...

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Bitcoin Drops To Under $11K After High Of $14K
Bitcoin Drops To Under $11K After High Of $14K
June 27, 2019  |  Cryptocurrency

Bitcoin value dropped dramatically to below $11,000 on Thursday (June 27), after an 18-month high of almost $14,000 earlier this week, marking a 16 percent...

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Facebook’s Libra Attracts High-Profile FinServ Support
Facebook’s Libra Attracts High-Profile FinServ Support
June 14, 2019  |  Cryptocurrency

According to reports out in The Wall Street Journal this morning, Facebook has found some big-name backers for its Libra cryptocurrency project set to debut...

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Facebook Taps Ex-PayPal Employees For Blockchain Team
Facebook Taps Ex-PayPal Employees For Blockchain Team
May 08, 2019  |  Cryptocurrency

Facebook is shoring up its secretive blockchain team with hires from PayPal, according to a report by Bloomberg, and the company might be planning to...

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Bitcoin Daily: Singapore Sees Blockchain’s Cross-Border Benefits; NYAG Calls For Disclosure Of Bitfinex/Tether Deal
Bitcoin Daily: Singapore Sees Blockchain’s Cross-Border Benefits; NYAG Calls For Disclosure Of Bitfinex/Tether Deal
May 05, 2019  |  Bitcoin

The New York State Attorney General (NYAG) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator...

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Bitcoin Gets A Lift — For Now?
Bitcoin Gets A Lift — For Now?
May 03, 2019  |  Bitcoin

A real lift or a dead cat bounce? Bitcoin price seems to be recovering — up low single digit percentage points at this writing — to a...

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The Case Of The $850 Million (Alleged) Crypto Fraud
The Case Of The $850 Million (Alleged) Crypto Fraud
April 26, 2019  |  Security & Fraud

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. At a...

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