The Monetary Authority of Singapore has released a whitepaper in collaboration with the IMF and the central banks of Italy and South Korea. The proposal seeks common conditions for retail payments with digital money on a distributed ledger.
DeFi juggernaut Curve Finance released its crvUSD stablecoin on Ethereum's mainnet. Developers said a UI for the U.S. dollar-pegged stablecoin which employs a similar design to MakerDAO's DAI.
The turmoil induced by the fall of Silicon Valley Bank has led to USDC losing its dollar peg. The stablecoin fell as low as $0.87 earlier today as holders flocked to other crypto assets.
French Investment Bank Société Générale has minted a loan worth $7 million from MakerDAO, marking an important milestone that bridges TradFi and DeFi.
Tether has criticized a report published by Bloomberg that talks about a renewed investigation onto it's bank fraud case. The company has alleged that Bloomberg is recycling old news for attention.
Summary: Circle CEO Jeremy Allaire supports Binance’s latest stablecoin announcement. Binance said USDC, TUSD, and USDP would be removed as...
Summary: USDT stablecoin issuer Tether released the latest report on its reserves. The report was independently audited by BDO, a...
Britain's FCA moves towards crypto investment cap and crypto marketing oversight.