Tag Archives: stablecoin

After the New York State Department of Financial Services directed Paxos Trust to stop issuing new BUSD tokens, the company said it will support reserves for 12 months. Source link

Proposed new rules from the Monetary Authority of Singapore include banning incentives such as referral bonuses and introducing a test for would-be investors to ensure they have ‘sufficient knowledge’ of the highly volatile digital asset. Source link

Cryptocurrency Luna’s plummeting value to less than 1 US cent ‘proves the timely and effective action of our country’s regulators’, China’s Economic Daily argues. Source link