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Unstablecoins: Depegging, bank runs and other risks loom

Unstablecoins: Depegging, bank runs and other risks loom
https://bitcoinmag.eu/unstablecoins-depegging-bank-runs-and-other-risks-loom/Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an "unregistered security" and ordering Paxos to stop minting new tokens. Do these moves signal a wider war by U.S. regulators on stablecoins? Could the SEC declare all stablecoins securities, or is BUSD a special case? Independent crypto […]The post https://bitcoinmag.eu/unstablecoins-depegging-bank-runs-and-other-risks-loom/ appeared first on Bitcoinmag.
 
Binance Can't Keep Its Story Straight on Misplaced $1.8B USDC
The FUD is coming from inside the building.
 
Ukraine's Government-Provided Crypto Addresses Raised $70 Million During War, Report
https://bitcoinmag.eu/ukraines-government-provided-crypto-addresses-raised-70-million-during-war-report/Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report. Ukraine Receives Millions of Dollars in Various Coins From […]The post https://bitcoinmag.eu/ukraines-government-provided-crypto-addresses-raised-70-million-during-war-report/ appeared first on Bitcoinmag.
 
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