Those issuing stablecoins will have to publicly disclose the assets that back them—be it cash reserves or something else.
You might be interested in …
UEFA Taps Socios for Champions League Fan Tokens
In brief Fan token platform Socios has announced a sponsorship and licensing deal with UEFA for the Champions League and related tournaments. Holders of existing Socios soccer team tokens will receive free UEFA add-on tokens, […]
MakerDAO's DAI Fell Behind Terra's UST Months Ago. Here's How It's Trying to Catch Up
MakerDAO has either implemented or is currently mulling over new updates to help improve the adoption of its stablecoin.
CFTC Chair Says Crypto Regulations Could Double Bitcoin Price
Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam said on Thursday that Bitcoin might “double in price” if it traded in a CFTC-regulated market. The chairman added that the crypto industry had “a massive opportunity […]