Tag: Stablecoin
ANZ unveils first ever Australian bank-issued stablecoin
The Australia and New Zealand Banking Group will launch the first bank-issued stablecoin payment from Australia through a public permissionless blockchain transaction.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Crypto firm Circle closes $440m funding round
US cryptocurrency company Circle has raked in $440m from a funding round.
Circle closes $25m strategic investment from Digital Currency Group
Circle, which is a software company helping businesses to use stablecoins and public blockchains, has raised $25m in a strategic investment from Digital Currency Group.
Stablecoin developer Stably secures $1.2m in its Series A round
US-based Stably, a developer of asset-backed stablecoins, has allegedly scored $1.2m in its Series A investment.