Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
Fed Chair Powell: Cryptocurrencies Here To Stay, Central Banks Should Regulate Stablecoins
Jerome Powell, Chair of the Federal Reserve, on Wednesday, acknowledged the enduring nature of cryptocurrencies as a category of assets. In a hearing with the House Financial Services Committee, he…
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Service Committee’s semi-annual Fed policy hearing.
Bitcoin, Ether Fall Outside Howey Test Criteria
As a result, the SEC’s regulatory scrutiny may be more limited in scope.
Fed Chair Jerome Powell Addresses Inflation, Affirms Stablecoins’ Status As Money
Federal Reserve Chair Jerome Powell has acknowledged stablecoins as a legitimate monetary instrument. Appearing before the U.S. House Financial Services Committee’s half-yearly monetary policy review on Wednesday, Powell discussed the…
Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
Apple swiftly purges fake Trezor app from App Store
In a response to an emergent security threat, Apple Inc., the technology behemoth, has removed a fraudulent application posing as Trezor, a reputed cryptocurrency hardware wallet, from its App Store.…
BlackRock’s iShares Files Paperwork for Spot Bitcoin ETF; Binance Global Fallout
The iShares unit of fund management giant BlackRock (BLK) filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) ETF.…
Bitcoin Gets Boost From BlackRock ETF Filing
Bitcoin climbed on the tailwind from BlackRock’s application to start a US exchange-traded fund. Sonali Basak has more on “Bloomberg Crypto.
