stablecoins

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

EU Draft Floats Digital Currency Proposal To Counteract Libra
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019  |  Cryptocurrency

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). Get...

READ MORE >
Marcus Says Libra Could Be Based On Real Currencies
Marcus Says Libra Could Be Based On Real Currencies
October 20, 2019  |  Cryptocurrency

David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...

READ MORE >
FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

READ MORE >
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
October 17, 2019  |  Cryptocurrency

European Central Bank Executive Board member Benoit Coeure called for strict supervisory principles for digital currencies and stablecoins like Facebook’s Libra, Bloomberg reported on Thursday (Oct. 17)....

READ MORE >
EU To Call For Digital Tax Reform, Stablecoin Regs At G20 Meeting
EU To Call For Digital Tax Reform, Stablecoin Regs At G20 Meeting
October 04, 2019  |  Cryptocurrency

At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is needed...

READ MORE >
Coinbase Offering Rewards To USD Coin Crypto Holders
Coinbase Offering Rewards To USD Coin Crypto Holders
October 02, 2019  |  Cryptocurrency

Coinbase is launching a rewards program for its U.S. customers that will give users money back on every USD Coin they hold, the company announced...

READ MORE >
Bitcoin Daily: Fusion Suspects Inside Crypto Theft; UK Sees Royal Scam
Bitcoin Daily: Fusion Suspects Inside Crypto Theft; UK Sees Royal Scam
October 01, 2019  |  Bitcoin

Criminals have stolen around $6.4 million from Fusion Protocol, a blockchain-powered platform for exchanging “stablecoins.” Get the Full Story Complete the form to unlock this...

READ MORE >
Wells Fargo To Pilot Digital Coin
Wells Fargo To Pilot Digital Coin
September 19, 2019  |  Cryptocurrency

The various debates over crypto – security, volatility, their place within, or outside of, the central banking system – are far from settled. And against...

READ MORE >
German Finance Minister Speaks Out Against Stablecoins
German Finance Minister Speaks Out Against Stablecoins
September 18, 2019  |  Cryptocurrency

The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them,...

READ MORE >