Sky Token Rises 10% Following Governance Changes and Buyback Program
The native token of the decentralized finance platform Sky, previously known as Maker, experienced a nearly 10% increase in value after the execution of a...
Tag : stablecoin
Trump Accuses Banks of Undermining Stablecoin Legislation as Crypto Talks Stall
In a recent post on Truth Social, former U.S. President Donald Trump criticized the banking sector for attempting to sabotage the GENIUS Act, a stablecoin...
Tether Secures Deloitte Approval for USAT Token Reserve Report
Tether, a leading player in the stablecoin market, has received a significant endorsement from Deloitte regarding its new U.S.-regulated stablecoin, USAT. This marks a notable...
Circle’s Stock Soars Nearly 50% Amid Short Squeeze Following Earnings Report
Circle, the issuer of the USDC stablecoin, has seen its stock price surge by approximately 45% in less than two days following the release of...
UK Financial Authority Selects Firms for Stablecoin Trials Amid Industry Concerns
The UK’s Financial Conduct Authority (FCA) has announced the selection of four companies to participate in a stablecoin trial as part of its Regulatory Sandbox...
Hong Kong’s RedotPay Eyes $1 Billion IPO in New York
RedotPay, a Hong Kong-based company specializing in stablecoin payments, is reportedly preparing for an initial public offering (IPO) in the United States that could raise...
A7A5’s Oleg Ogienko Defends Ruble-Pegged Stablecoin Amid Sanctions
Oleg Ogienko, the director for Regulatory and Overseas Affairs at A7A5, has addressed compliance concerns regarding his company’s ruble-denominated stablecoin, which has seen rapid growth...