Category: Dollar

Does a Fed digital dollar leave any room for crypto stablecoins?

Does a Fed digital dollar leave any room for crypto stablecoins?

During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central […]

Continue Reading

Hong Kong Monetary Authority aims to oversee stablecoin reserves

Hong Kong Monetary Authority aims to oversee stablecoin reserves

Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules. 968 Total views 26 Total shares Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), wants to supervise stablecoin issuance and reserves management. HKMA published a discussion paper on Wednesday regarding cryptocurrencies and stablecoins in which it provided its views […]

Continue Reading

Crypto.com and Silvergate enable institutions to buy and sell crypto with USD

Crypto.com and Silvergate enable institutions to buy and sell crypto with USD

Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo. 1573 Total views 35 Total shares Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ram and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate. Crypto.com announced on Tuesday that it is working with Silvergate […]

Continue Reading