Browsing: Stablecoin
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The UK recently passed the Financial Services and Markets Act 2023, which gave the Bank of England (BoE) the power…
Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of…
PayPal has introduced its own U.S. dollar-denominated stablecoin, the PayPal USD (PYUSD). This coin is designed to leverage the payment…
Representative Patrick McHenry, (R-NC), chair of the U.S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7.…
PayPal has announced the launch of a new dollar-backed stablecoin, marking the first time a major U.S. financial company has…
The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the…
Tether CTO, Paolo Ardoino, has raised speculation by tweeting a cryptic message. Amid increased stablecoin launches, Ardoino has questioned the…
On July 27, H.R. 4766, the Clarity for Payments Stablecoins Act of 2023, passed out of committee with a bipartisan…
House Financial Services Committee Chair Patrick McHenry pushed back against criticism from bankers of stablecoin legislation he’s helped draft in…
