US Stablecoin Regulation Could Lead to Geopolitical Competition

Recent regulatory developments could push stablecoins closer to the existing fiat system, unleashing competition for control over a lifeblood of the crypto industry, says our columnist.

Opinion  ·  30 July 2021

Market Wrap: Bitcoin Stalls Near $40K as Buyers Take Profits

Analysts see the cryptocurrency's price as remaining range-bound.

Markets  ·  29 July 2021

Market Wrap: Bitcoin Expected to Pause Before Next Rally

Analysts expect bitcoin to pause at around $40K before its next leg up.

Markets  ·  28 July 2021

Market Wrap: Bitcoin Stalls After Short-Squeeze Rally

Technical data suggests lower support around $34,000 could stabilize the current pullback.

Markets  ·  27 July 2021

Why Stablecoins Are Suddenly in the News

From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.

Markets  ·  27 July 2021
Funding Rounds

Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App

The a16z-backed Eco, which loans out users’ deposits in USDC, says it’s keeping an eye on the BlockFi case.

Business  ·  27 July 2021

Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K

The strong bounce in bitcoin over the weekend occurred as shorts covered positions.

Markets  ·  26 July 2021

Tether Executives Facing Criminal Bank Fraud Charges: Report

The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.

Policy & regulation  ·  26 July 2021

Market Wrap: Bitcoin Analysts Expect a Short-Squeeze

Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.

Markets  ·  23 July 2021

Money Reimagined: Regulate Stablecoins, Don’t Smother Them

Haste is not conducive to the kind of nuanced regulatory approach needed for this fast-growing class of cryptos. Nor is scaremongering about “bank runs.”

Opinion  ·  23 July 2021

Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Markets  ·  22 July 2021

US Credit Union Regulator Wants to Know How Its Firms Handle DeFi

The NCUA published an RFI on Thursday, asking credit unions to weigh in on how they're interacting with DeFi and DLT.

News  ·  22 July 2021

Tether General Counsel Tells CNBC Audit Is ‘Months’ Away

A day after rival stablecoin issuer Circle released more data about the assets behind USDC, Tether executives went on CNBC’s online show Tech Check to answer questions about its own token, USDT.

Markets  ·  21 July 2021

Paxos Reveals Assets Backing Stablecoins PAX, BUSD

Paxos's reserves consisted of only cash and U.S. Treasury bills.

Business  ·  21 July 2021

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

News  ·  21 July 2021