Stablecoins

StakingFarm Introduces a Strategic Blueprint for Crypto Staking Success Amid Market Volatility

Source Node:
Time Stamp: March 20, 2024 8:47 AM - Modified On: March 20, 2024 - Published By:
Source Cluster:
Republished By Plato

  London, England – In an era defined by the digital revolution and the emergence of cryptocurrency as a formidable asset class, StakingFarm is proud to announce its advanced approach to crypto staking, designed to navigate the tumultuous waters of market volatility. This strategic blueprint is not merely a response to the fluctuations inherent in the crypto market; it is a comprehensive guide for investors seeking to maximize their earnings through staking crypto, transforming volatility from a challenge into an opportunity. "Volatility in the crypto market is not a barrier;

The Tightrope of Regulation

Source Node:
Time Stamp: September 26, 2023 7:09 AM - Modified On: September 26, 2023 - Published By:
Source Cluster:
Republished By Plato

In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Source Node:
Time Stamp: August 16, 2023 7:51 AM - Modified On: August 16, 2023 - Published By:
Source Cluster:
Republished By Plato

Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023. VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country's financial services watchdog. Anchored Coins is launching a Swiss Franc-backed stablecoin (ACHF) and a Euro-backed stablecoin (AEUR), and will be issued on the Ethereum and BNB Chain blockchains. DCS Card Centre in Singapore is planning to issue credit cards collateralised by AEUR and ACHF. ZURICH, SWITZERLAND, Aug 16,

Sarson Funds Employs Blockpass’ KYC for BCH, CSPR Stablecoins

Source Node:
Time Stamp: July 24, 2023 9:02 AM - Modified On: July 24, 2023 - Published By:
Source Cluster:
Republished By Plato

HONG KONG, July 20, 2023 - (ACN Newswire) - This week sees the announcement that capital management firm Sarson Funds is using Blockpass' On-Chain KYC(R) solution, alongside Accountable's on-chain proof-of-reserve validation, to create the most transparent and trusted stablecoins on the Bitcoin Cash (BCH) and Casper (CSPR) blockchains. The asset-backed U.S. dollar stablecoins will exclusively hold Circle's USDC as collateral which will be held on-chain with a publicly verifiable address. According to Sarson Funds, placing 'pre-compliant' stablecoins on the Bitcoin Cash and Casper Networks will allow those communities to transact

Stablecoins Under Scrutiny

Source Node:
Time Stamp: July 1, 2023 9:38 AM - Modified On: July 1, 2023 - Published By:
Source Cluster:
Republished By Plato

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Beyond the Dollar

Source Node:
Time Stamp: April 27, 2023 6:36 AM - Modified On: April 27, 2023 - Published By:
Source Cluster:
Republished By Plato

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Pawswap: The Future of Decentralization on Shibarium

Source Node:
Time Stamp: February 8, 2023 9:51 AM - Modified On: February 8, 2023 - Published By:
Source Cluster:
Republished By Plato

Have you heard of Pawswap? If you are a Shiba Inu hodler, you should be familiar with Pawswap, an upcoming decentralized exchange created to make crypto trading accessible to everyone. Pawswap is inspired by the Shiba Inu and is built on Shibarium, an upcoming Layer 2 blockchain, focused on increasing transaction speed and lowering costs to grow the Shiba Inu ecosystem. Are you prepared for the biggest game-changer yet? Pawswap is ready to change your cryptocurrency trading experience, so let's get started right away! What is Pawswap ($PAW)? Pawswap’s innovative

Paribus: Climbing Every Mountain.

Source Node:
Time Stamp: January 21, 2023 3:46 AM - Modified On: January 21, 2023 - Published By:
Source Cluster:
Republished By Plato

Less than a year ago in a small town in Switzerland, there was hope and optimism that crypto was finally breaking into the global financial system and a bright future awaited. That small town is Davos, home to the annual meeting of the World Economic Forum (WEF). This year the mood is far less optimistic as the ongoing FTX saga continues to cast its long shadows across the conference. Crypto is still represented along the Promenade, the road outside the main convention center, however this time it’s more heavily focused

xBacked Launches xUSD, a 110% Over-Collateralised Stablecoin for Algorand Positioned to Transform the DeFi Realm

Source Node:
Time Stamp: January 17, 2023 4:29 AM - Modified On: January 17, 2023 - Published By:
Source Cluster:
Republished By Plato

MEDIA RELEASE xBacked is a permissionless over-collateralized stablecoin protocol built on Algorand that allows anyone to use cryptocurrency without the volatility xBacked's decentralised stablecoin xUSD is available now to be minted on the platform, and aims to maintain a stable value of $1 USD backed by assets in the basket Stability pool, on-chain governance and TGE (token generation event) will be available in the coming months 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple

Reasons for Regulation

Source Node:
Time Stamp: January 5, 2023 3:57 AM - Modified On: January 5, 2023 - Published By:
Source Cluster:
Republished By Plato

There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

VNX Gold token now available on LBank, expanding global interest in gold-backed digital assets

Source Node:
Time Stamp: November 2, 2022 12:50 PM - Modified On: November 2, 2022 - Published By:
Source Cluster:
Republished By Plato

[vc_row][vc_column][vc_column_text]Leading cryptocurrency exchange LBank, adds VNX Gold to its platform, becoming one of the exchanges to offer VNX’s asset-backed token tied to precious metals[/vc_column_text][vc_gallery type="flexslider_slide" interval="0" images="1733853,1733847,1733848,1733849,1733850,1733851,1733852" img_size="full" onclick=""][vc_column_text]Liechtenstein, November 2022 — VNX, Europe’s first regulated platform for investing in tokenized precious metals, announces that VNX Gold token is available on a top virtual asset exchange LBank. VNX Gold tokens represent an ownership stake of physical gold bullion certified by the London Bullion Market Association (LBMA). As the premier token of the VNX platform, VNX Gold empowers users to invest