The crypto market faces renewed bearish pressure as Bitcoin and Ethereum both slip below key psychological levels on heavy whale selling and broad risk-off sentiment. Regulatory headwinds intensify as KuCoin appeals a $14 million fine from Canada’s anti-money laundering agency, spotlighting inc... ... Read full CryptMarket Analysis — 27-09-06
Global payments firm Stripe is deepening its crypto offerings with a tool it says will allow any business to launch and manage their own stablecoin “with just a few lines of code.”The tool, called “Open Issuance,” will allow businesses to “mint and burn coins freely, and customize their reserves to …
Ripple USD stablecoin (RLUSD) reserve backing has hit a $773.6 million value. This is part of the audit report by Deloitte & Touche LLP, a major global auditing firm. The report signals that RLUSD is making significant progress despite being in the crypto space less than 12 months.RLUSD gains regula…
A proposal for Polkadot to create its own native algorithmic stablecoin, exclusively backed by DOT token, is gaining strong early support.Co-founder and chief technology officer of Polkadot chain’s Acala, Bryan Chen, introduced a proposal on Sunday to develop a native stablecoin for the Polkadot net…
The launch of the world's first regulated offshore yuan-linked stablecoin in Kazakhstan this month is part of Beijing's plan to use the blockchain technology for cross-border trade, an executive at a Chinese government-backed blockchain network said.Yang Guang, Shanghai-based chief technology of…