STASIS Stablecoin Digest 14.08.2020
Main page Digest, Crypto Market, Cryptocurrency, Stablecoins, Regulations
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Aug. 16, 2020
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Regulation and monetary policy

Russia Is Set to Create a New Regime for Tokenized Securities

The new Russian “crypto” law provides a regulatory regime for tokenized securities and has no regulation for cryptocurrencies.

New York Regulator Greenlights 10 Tokens for Custody

The New York State Department of Financial Services has just approved 10 new tokens for custody as well as 8 for sale and trade.

Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites

The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading.

Report: Regulators Reject CZ’s Application to Become Shareholder in Troubled Bank

Alleged attempts to bring Binance CEO CZ on as anchor shareholder in a troubled Liechtenstein bank have reportedly been blocked by regulators.

Venezuela to Collect Taxes Through Cryptos

The Petro, the national crypto launched by the Venezuelan government back in 2018, will soon be used to collect taxes in the country.

Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan

China’s CBDC is on its way to Hong Kong.

Germany Reveals New e-Stocks Bill with Blockchain Focus

The German authorities have presented a new e-Stocks Bill focused on modernization of securities regulation law.

Ireland Wants to Tighten Crypto Regulation to Fight Money Laundering

The Government of Ireland is one step from tightening laws to fight money laundering, including the use of cryptocurrencies in funding terrorism.

Crypto Exchange Wants to Make Peer-to-Peer Payments Simpler

A crypto exchange has come a long way since launching in March and now offers a branded Visa card and feeless peer-to-peer payment platform.

Binance Stablecoin Gets Approval from New York Regulator

Binance announced on Friday that its stablecoin has been given the nod by the financial regulatory body in New York. With this development, the final barrier to the use of the currency by financial institutions has been removed.

Analytics and opinions

Mobile DeFi and the Shift Toward Self-Sovereignty

Decentralized technology is liberating yet intimidating to crypto-beginners. How can DeFi projects ease this transition for users?

The Top 5 Trends Defining Crypto in Late 2020

What are some trends in the crypto and blockchain space that may take hold and remain ongoing throughout the rest of 2020?

A City in South Korea Is Expanding Its Blockchain Payment Program

South Korea's "Silicon Valley" continues its love affair with Blockchain technology.

DeFi Token Serum Surges 1500% in 12 Hours After Listing

The DeFi boom continues with a new decentralized derivatives exchange token mooning hours after it was launched.

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow.

Peter Brandt’s Tether Warning Is Ominous, But Unclear

Peter Brandt didn't mince his words when describing the controversial stablecoin.

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

In digital-asset markets, stablecoins like tether and USDC are supposed to represent $1 of value. But their prices often fluctuate on the pubescent trading platforms of decentralized finance, or DeFi.

PAX Gold: Crypto backed by gold but outperforms gold

It’s crypto. It’s physical gold. And recently, it was approved by the New York State Department of Financial Services for custody and listing. It’s a product from the crypto-verse that combines gold and crypto into a single unit.

New projects, partnerships, and investments

New Blockchain Platform Aims to Help Countries Issue CBDCs More Easily

Blockchain company Apollo Fintech touts its new system as tonic for national digital currency headaches.

IFPS Protocol and USDT Deposits Added to Crypto Fund Platform

A platform allowing investors to acquire shares in tokenized portfolios operated by experienced traders has unveiled a range of new features.

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