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Articles for Usdc

Circle: Trump May Bring Bipartisan Interest in Crypto
Trending News
1 month, 2 weeks ago

Circle: Trump May Bring Bipartisan Interest in Crypto

Bloomberg  

00:00 There's a lot of optimism. Obviously, we're broadcasting from Singapore, and so I would be remiss not to also take a worldview, which is that the United States has been absent in terms of regulatory clarity in shaping an industry that enjoys legal clarity and regulatory clarity all over the world, including here in Singapore. Well, I think you've …

Singapore Market Industry Payments Congress Crypto Company
Bloomberg: The China Show 11/07/2024
1 month, 2 weeks ago

Bloomberg: The China Show 11/07/2024

Bloomberg  

00:00 Half an hour away from the opens in Hong Kong, Shenzhen and Shanghai are watching the China show. I mean, if there's a threat of tariffs here, do you think, you know, there's a people talking about there's a difference between the candidate Trump and what he will be as President Trump? We know he's talked about tariffs as …

India Europe Singapore China Foreign Policy Markets Ukraine
OP Jindal Global University suspends student for ‘Brahmanical Hindutva Fascism’ event
10 months, 1 week ago

OP Jindal Global University suspends student for ‘Brahmanical Hindutva Fascism’ event

Op India  

Days after students at OP Jindal University in Sonipat, Haryana hosted a controversial event where calls for the destruction of Ayodhya’s Ram Mandir were made, the university’s disciplinary committee has suspended a student for the same. The student was one of the leading individuals behind the event titled “Ram Mandir: A Farcical Project of Brahmanical Hindutva Fascism” held on February …

Students University Student Provocative Hindu Committee Ram
Why Crypto Stablecoins Still Worry the Fed
10 months, 1 week ago

Why Crypto Stablecoins Still Worry the Fed

Bloomberg  

Sometimes a stablecoin is anything but. When Silicon Valley Bank collapsed Bloomberg Terminal in March of last year, crypto company Circle Internet Financial Ltd. had $3.3 billion of cash reserves backing its USD Coin parked in the bank and couldn’t get it out. They offer a way for traders to quickly move between more volatile coins and something approximating cash …

Bank Circle Usdc
‘Crypto-friendly’ Signature Bank’s closure another blow to industry after SVB, Silvergate collapse
1 year, 9 months ago

‘Crypto-friendly’ Signature Bank’s closure another blow to industry after SVB, Silvergate collapse

Hindustan Times  

The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the banking system. The Treasury Department said Signature Bank was closed by New York state regulators Sunday and that depositors will have access to their money Monday. He …

Crypto Bank Bitcoin Signature Digital Assets Usdc Silicon Valley Bank
After Silicon Valley Bank, Signature Bank shuts down amid banking turmoil in US
1 year, 9 months ago

After Silicon Valley Bank, Signature Bank shuts down amid banking turmoil in US

India TV News  

After shutting down two banks in last week, New York regulators shut down another significant one in the crypto industry, the Signature Bank. US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank 'will be made whole'. Crypto firm Circle …

Crypto Bank Signature Coinbase Usdc Silicon Valley Bank Svb
Binance sees withdrawals of $1.9 billion in last 24 hours, data firm Nansen says
2 years ago

Binance sees withdrawals of $1.9 billion in last 24 hours, data firm Nansen says

The Hindu  

Binance, the world's biggest crypto exchange, saw withdrawals of $1.9 billion in the last 24 hours, blockchain data firm Nansen said on Tuesday, as the platform said it had "temporarily paused" withdrawals of the USDC stablecoin. The $1.9 billion figure marks the largest daily outflow since at least June, the Nansen data showed, and accounted for the majority of the …

Report Binance Usdc Nansen Data Sees Withdrawals
How will the Tornado Cash sanction affect DeFi?
2 years, 3 months ago

How will the Tornado Cash sanction affect DeFi?

Live Mint  

On August 8, US Secretary of State Antony Blinken said that the country will endorse Tornado Cash, a decentralized application on the Ethereum blockchain, that allows the anonymous transfer of bitcoin. The government assumed control of all Tornado Cash addresses, including the addresses for its smart contracts and donation address, to sanction the decentralized application. Additionally, Tornado Cash's decentralized nature …

Crypto Sanction Cash Tornado Ethereum Defi Usdc
Stablecoin USDC: Benefits and use cases
2 years, 4 months ago

Stablecoin USDC: Benefits and use cases

Live Mint  

The USD Coin protocol, which was introduced in 2018 by a joint venture between Coinbase and Circle called Centre, was developed to give cryptocurrency enthusiasts and investors the option of transacting using its native coin, which is indexed to the US Dollar. Stablecoins, or cryptocurrency tokens like USDC, serve as a bridge between somewhat volatile cryptocurrencies and stable fiat currencies …

Circle Fiat Usdc Tokens Stablecoin Usdc
Circle CEO Jeremy Allaire on cryptocurrency market turmoil
2 years, 6 months ago

Circle CEO Jeremy Allaire on cryptocurrency market turmoil

Associated Press  

NEW YORK — Circle is the cryptocurrency company behind USD Coin, the second-largest so-called “stablecoin” in the crypto industry. Co-founder and CEO Jeremy Allaire spoke to The Associated Press about Circle’s launch of Euro Coin, its euro equivalent of USD Coin. Q: Why are you launching a new cryptocurrency, Euro Coin, during this troubled time for the industry? With the …

Crypto Euro Coin Stablecoin Usdc Euro Coin Circle Ceo
Firm behind popular US dollar stablecoin to launch Euro Coin
2 years, 6 months ago

Firm behind popular US dollar stablecoin to launch Euro Coin

Associated Press  

NEW YORK — Cryptocurrency company Circle said Thursday that it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month. It would be the first stablecoin in euros — the world’s second-most-important reserve currency after the U.S. dollar — backed by a large player in the industry and could potentially become a major conduit …

Market Crypto Billion Euro Coin Circle Backed
Insider Q&A: Explaining the fast growth of stablecoins
3 years ago

Insider Q&A: Explaining the fast growth of stablecoins

Associated Press  

WASHINGTON — Among the fastest-growing forms of cryptocurrency are stablecoins, which use blockchain technology like Bitcoin and ethereum. The Associated Press spoke recently with Dante Disparte, Circle’s chief strategy officer, about the uses of stablecoins and the federal regulations they may face as digital currencies gain greater visibility. That’s exactly what we have done with the U.S. dollar in creating …

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