Mitsubishi UFJ Trust and Banking, the trust banking arm of Japan’s largest financial institution, has announced plans to launch a yen-pegged stablecoin next year. According to a report by Nikkei on Monday, …
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Fed governor took issue with recent suggestions for stablecoin regulation
Christopher Waller, a governor at the Federal Reserve, took issue with recent suggestions for stablecoin regulation in a November 17 speech. Specifically, Waller was responding to a recent report on stablecoins from …
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Tether to claim it will conduct an audit in ‘a matter of months’
Tether’s General Counsel Stuart Hoegner, in a Tech Check CNBC segment on July 21, said that the company would conduct an audit in months. Tether’s reserves have long been a talking point …
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Mastercard to partner with USDC to pilot cryptocurrency payments
According to a company press release, Mastercard announced a pilot program in partnership with Circle USDC stablecoin and others to allow cardholders to pay cryptocurrency merchants wherever Mastercard is accepted. …
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U.S. regulators to meet and discuss stablecoins on Monday
As authorities begin to take more notice of the rapidly expanding class of digital currencies, U.S. Treasury Secretary Janet Yellen stated on Friday that she would meet with regulators tomorrow …
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El Salvador may launch its own stablecoin in 2021
El Salvador’s government intends to establish a native cryptocurrency that the public will be able to use to pay for services, according to San Salvador-based media outlet El Faro on …
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