
Morgan Stanley Says Waning Stablecoin Issuance Could Impact Crypto Trading
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading.
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading.
A US court has excluded FTX Turkish units from the company’s bankruptcy case after a request from the exchange’s representatives.
Civil proceedings from CFTC and the SEC will now have to wait.
Galaxy Bahamas Ltd. will physically operate from the Bahamas and initially serve as an extension of the company’s trading platform.
It has also become known that Magic Eden is laying off twenty-two employees from its workforce as part of a company-wide restructuring process.
Banco do Brasil is focused on leveraging this partnership to bolster crypto adoption throughout Brazil.
In its complaint, Circle said that Binance-peg BUSD was not fully backed as nearly $1 billion was missing from its reserves.
Two years after launching its app, Bakkt has said it will no longer be available as of the 16th of March, 2023.
Another report suggests that the US SEC is planning to sue Paxos for the sale of BUSD stablecoins as unregistered securities.
France views its new crypto registration rules as an enhanced version of its burdensome Senate-endorsed licensing requirements.
Following the announcement of its Cloud Wallet service closure, Huobi has advised users to transfer their digital assets elsewhere.
The launch of the FIT programme is in line with the UAE’s vision for 2031 to digitize the economy with the full integration of CBDC set for 2026.
Over the last few weeks, the hacker of Wormhole DeFi bridge has turned active once again converting his Ether into ETH-pegged assets like Lido’s stETH and wstETH.
The CEO of Binance Changpeng Zhao has broken his silence on the Paxos-SEC BUSD development in a Twitter thread.
As of now, the NGO has been able to gather $4.3 million in crypto donations with stablecoins being the most preferred token choice.