Tag: stablecoin
[JUNE] UST Stablecoin Collapses Under Moderate Instability
Last month the world discovered that the “stable” in “stablecoin” is more an aspirational endeavor than planetarily ordained fact. The TerraUSD algorithmic stablecoin, or...
Bank Of Korea acknowledges usefulness of ‘stablecoins’
The country's central bank didn't deny the role of "stablecoins" in terms of their availability in monetary transactions, the Bank of Korea (BOK) said...
Sequoia China’s founder Neil Shen suggests Hong Kong to develop its own cross-border stablecoin
Neil Shen, founding and managing partner of Sequoia Capital China, has recommended Hong Kong to create its own cross-border stablecoin.
The suggestion was put forth...
Stablecoins – What do they mean for cryptocurrency?
Stablecoins are one answer to the price instability of crypto-currencies. Whilst of course being much more than just this, stablecoins offer an on-boarding ramp...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
