Iran's Central Bank Acquired $507M in Tether’s USDT Stablecoin: Elliptic
The Central Bank of Iran no longer holds any of the flagged USDT, after using it to support the rial and settle international transactions....
1dDecrypteconomicsImpact
The Central Bank of Iran no longer holds any of the flagged USDT, after using it to support the rial and settle international transactions....
The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country....
Kazakhstan’s President Kassym-Jomart Tokayev signed new laws creating licensed crypto exchanges and giving the central bank authority to approve tradable coins....
At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin....
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
Consumer research shows trust for crypto is shaped by control and access, with their habits now reaching policy moves on housing....
The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....
Speaking on the What Bitcoin Did podcast, Strategy chairman Michael Saylor pushed back against criticism of companies issuing equity or debt to buy Bitcoin....
The Sui blockchain recovered from a nearly six-hour outage Wednesday, marking the network's second major downtime since its 2023 launch....
In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform....
Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....
With Boomers controlling more than half of US household wealth, the coming generational transfer could funnel a portion of this capital into crypto markets, a new OKX survey shows....
Binance Australia has reopened direct dollar deposits and withdrawals after more than two years of disrupted banking access....
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....
At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance....