STASIS Stablecoin Digest 19.02.2021
Main page Digest, Startups, Crypto Market, Stablecoins

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Regulation and monetary policy

Institutional adoption underscores urgency of clear crypto rules, says Hester Peirce

Regulatory clarity in the crypto industry is needed now more than ever, per one official.

Russia Wants to Tax Crypto as Property

Russia's State Duma Committee on Budget has offered to tax cryptocurrencies as property, iHodl Russia has learned.

Dubai-based licensing company adopts cryptocurrency payments

Kiklabb has become the first state-owned entity in the United Arab Emirates to accept cryptocurrency payments.

Sweden extends digital krona digital currency pilot until 2022

Sweden's exploration into CBDCs will continue until 2022 as the nation's central bank seeks to construct a digital version of the krona.

Austria Warns on Crypto Scams as Prices Go Higher

The Austrian Financial Market Authority (FMA) warns the cryptocurrency market is overwhelmed with scams as prices go higher.

MasterCard to Launch CBDC Card

MasterCard has announced it will issue the world's first central bank digital currency-linked (CBDC) card.

Swiss canton of Zug starts accepting tax payments in cryptocurrency

The Swiss canton of Zug is now accepting Bitcoin and Ether for tax payment from local companies and individuals.

Analytics and opinions

DEXs becoming unusable? How to navigate record gas fees ahead of ETH2

Ethereum gas fees are too high for decentralized trading, but there are some alternatives now and others on the way.

Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?

Amid much fanfare, many algorithmic stablecoins have not been stable. Is the problem intractable, or it's just the algorithms that aren't good enough?

Can banks be their own bank? Deutsche Bank, BNY Mellon plan custody services

Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable.

USDT-settled futures contracts are gaining popularity — Here’s why

Crypto exchanges offer USDT- and BTC-settled perpetual futures contracts, but which is best suited for the average trader?

India crypto ban is like banning internet, says former Coinbase CTO

Former Coinbase chief technology officer Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet."

What are Some Stablecoins to Look Out for in 2021?

Stablecoins are a dime a dozen these days. With so many out there, it can be difficult for interested investors to pick the best.

You’ve got the power? Legacy banks aim high with new crypto offerings

Is the crypto custody market becoming too big for established banks to ignore?

New projects, partnerships, and investments

Stablecoin RAI launches, a pure, decentralized alternative for DeFi

The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency.

Visa partners with First Boulevard to launch crypto APIs platform

Visa is launching a new platform designed to expand the access its customers have to cryptocurrencies, including Bitcoin. There are currently 35 crypto platforms that are available to Visa users.

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