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Bank of England to introduce new regulations for stablecoins

0xMain
April 17, 2023

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The Bank of England (BoE) is considering implementing restrictions on stablecoins for payments and developing new regulations to ensure financial stability, according to deputy governor Jon Cunliffe. The Bank of England (BoE) is considering imposing restrictions on stablecoins as a form of payment...

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DCG’s mining subsidiary to introduce access fees

0xMain
April 7, 2023

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Bitcoin (BTC) mining pool Foundry USA has reportedly notified its users of its plans to introduce service access fees. Its parent firm, Digital Currency Group, is one of the entities hit hard by Sam Bankman-Fried’s FTX collapse. Foundry USA, a leading New York-based...

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Bitstamp to introduce new lending product in Europe

0xMain
April 6, 2023

Bitstamp, Europe, Hacking, introduce, lending, product

Bitstamp has partnered with Tesseract to introduce a new crypto-lending service across specific European markets. Bitstamp is building a crypto-lending product to be tested in selected European countries, including France, Spain, Italy, and Ireland. Moreover, it will be expanded to Hong Kong and...

FedNow program aims to introduce fully digital US currency

0xMain
April 3, 2023

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As the United States Federal Reserve (Fed) prepares to launch FedNow — arguably its wholesale central bank digital currency (CBDC) — many analysts and investors are closely watching the potential implications on the cryptocurrency market. According to a recent video by finance YouTuber...

Mastercard and Stables introduce first APAC stablecoin-only wallet

0xMain
March 21, 2023

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Stables, an Australian cryptocurrency wallet, has launched an innovative partnership with Mastercard to provide the first stablecoin-only wallet with a payment card for daily spending in Asia. Customers can exchange their stablecoins for U.S. dollars or other fiat currencies and use those funds...

House Republicans to introduce a new crypto subcommittee

0xMain
January 13, 2023

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During a session of Congress, the Republicans in the House of Representatives revealed plans to establish a new subcommittee that will only focus on cryptocurrencies. According to the house’s priorities, they want to prioritize the regulation and supervision of the failing industry. During...