Stablecoin issuer Paxos probed by SEC over BUSD offering, report
The United States Securities and Exchange Commission plans to sue stablecoin issuer Paxos, over its Binance USD (BUSD) token,
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Latest firstPayPal Puts Stablecoin Debut Plans on Hold
According to reports, efforts to launch PayPal's (PYPL) own stablecoin have been temporarily suspended.
BIS Innovation Hub to launch the Stablecoin Monitoring Project
The bank for central banks is establishing a platform to track stablecoin balance sheets while also extending its CBDC research.
Major Australian bank NAB creates own stablecoin called AUDN
The new stablecoin will be fully backed by the Australian dollar(AUD)
Russia and Iran starts developing a shared stablecoin based on gold
To facilitate payments in cross-border business operations, the Central Bank of Iran and the Russian Federation are considering creating a stablecoin.
Nigeria to work towards stablecoins regulation and ICOs
A report on the creation of a legal framework for the prospective application of stablecoins has been published by the central bank of Nigeria.
Argentina’s San Luis introduces new bill, to issue US dollar-pegged stablecoin
The stablecoin will be made available to all citizens of the province and will be 100% collateralized in liquid financial assets of the provincial state.
Tron’s stable coin ‘USDD’ loses its peg
The founder team of Tron deployed more capital as its stablecoin USDD deviated from the $1 peg
The USDD Stablecoin Depegs to $0.97
The USDD stablecoin, created by Justin Sun, no longer has a dollar peg. Prior to an hour or so, the USDD decreased to $0.970
Singapore suggests new rules for stablecoin and crypto trading
The Monetary Authority of Singapore has published new proposals for cryptocurrency regulation.
