STASIS
Main page Digest, Startups, Crypto Market, Stablecoins, Regulations, Cryptocurrency
Hot topic
Nov. 6, 2020

This article is brought to you by STASIS, a company that aims to promote transparency by providing daily statements from account providers along with weekly verifications and quarterly audits by a top 5 global accounting firm.

Regulation and monetary policy

ECB Initiates Public Consultation on Digital Euro

European Central Bank (ECB) President Christine Lagarde says the regulator initiates public consultations on the issuance of a digital euro.

Cayman Islands introduce regulations for virtual asset service providers

The notorious tax haven appears to be cleaning up its act on AML and counter terrorist financing ahead of an FATF review.

Korea to Ban All Anonymous Cryptocurrencies

South Korea to ban all anonymous cryptocurrencies from March 2021. The Financial Services Commission of South Korea (FSC) will reportedly prohibit all digital asset service providers from serving anonymous cryptocurrencies.

Gibraltar is now an observing member of the Global Blockchain Business Council

The British Overseas Territory is making steps toward bringing blockchain adoption into the mainstream.

Economy minister says Brazil will have its own CBDC

Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of its central bank.

More crypto regulation is coming, industry execs say

After multiple years of heightened legal overwatch, the future may hold much of the same.

Russia's central bank says the pandemic has accelerated regulators' interest in CBDCs

The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.

Competitors

Tether market cap surpasses $17 billion, fueling Bitcoin price rally

Bitcoin’s new highs come amid lots of new money pouring in via stablecoins.

DAI Experiences 623% Growth in Q3

There has been a boost in decentralized finance in the last quarter helping Ethereum-based stablecoins.

Analytics and opinions

The crypto compliance lie: Sacrificing privacy does not make us safer

The lightchain-vs-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.

China Processed Over $300M via Digital Yuan

The People’s Bank of China (PBoC) has processed over $300 million via digital yuan so far, Bloomberg reports, citing the bank's governor Yi Gang.

DAI’s growth is crucial to DeFi, here’s why

The stablecoins sector has been working behind the scenes and has been witnessing great growth in 2020. Even though Tether was at the top spot in terms of its supply, DAI and USDC were catching up.

The two sides of the stablecoin The FINANCIAL -- Speech by Fabio Panetta, Member of the Executive Board of the ECB, at Il Salone dei Pagamenti 2020

Zero-sum game: DeFi declines while Bitcoin booms

While Bitcoin’s value has increased by more than a third since September, DeFi tokens have floundered. Are these developments related?

China 'Has Long Way to Go' Before Challenging US Dollar

David Roche, President and Global Strategist at Independent Strategy, does not believe China will challenge the US dollar’s status as a reserve currency even with the digital yuan.

Australian senator says blockchain can make financial compliance easier

“The future is technology by blockchain,” says an Australian Liberal senator.

Ethereum fees declining as DeFi markets cool

Is the DeFi bubble over? Bitcoin network activity spike may indicate that attention is shifting towards crypto's largest asset.

New projects, partnerships, and investments

Reserve Bank of Australia forms partnerships to research CBDC

The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA.

What is xDAI? A Guide to the USD Stablecoin Blockchain

xDAI is a decentralized platform powering payments with a 5-second transaction speed and transaction fees as low as $0.01 for 500 transactions using a trusted stablecoin.

PayPal crypto services to go global early 2021, support for CBDCs coming

PayPal is planning to launch crypto services for users of its platform globally, along with the Venmo app, and the company will explore central bank digital currencies.

Russian Alfa-Bank joins HSBC-backed blockchain trade finance network

A major global blockchain trade network welcomes one of Russia’s largest banks.

Capitalizing on USDC Stablecoin Growth, Circle Spreads Wealth

The company behind the world’s second-largest stablecoin is introducing high-yield USDC accounts.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.