Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.
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Sep 20, 2021 at 10:48 p.m. UTC
Sep 20, 2021
USDC
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Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC.
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Sep 14, 2021 at 2:57 p.m. UTC
Sep 14, 2021
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Centre Consortium Hires Six Employees, Including Former Circle, PwC Executives
The new hires create a pathway for Centre to expand membership beyond just Circle and Coinbase.
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Aug 30, 2021 at 1:00 p.m. UTC
Aug 30, 2021
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Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
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Aug 23, 2021 at 8:30 p.m. UTC
Aug 23, 2021
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Circle: USDC to Be Backed 100% by Cash, US Treasurys by September
By September, Circle announced its stablecoin USDC would be 100% backed by cash and short-term U.S. government Treasurys. This following the USDC developer revealing in July o...
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Aug 23, 2021 at 5:33 p.m. UTC
Aug 23, 2021
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USDC to Be Backed 100% by Cash, US Treasurys
The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."
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Aug 23, 2021 at 12:25 p.m. UTC
Aug 23, 2021
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Coinbase Says USDC Reserves to Be Held in Cash, Short-Term Treasurys From September
President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.
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Aug 23, 2021 at 6:00 a.m. UTC
Aug 23, 2021
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USDC Builder Circle Wants to Become a ‘Full-Reserve National Commercial Bank’
“The Hash” hosts discuss the industry implications for Jeremy Allaire’s Circle, a neo-bank and stablecoin USDC issuer, intending to become “a full-reserve national commercial...
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Aug 9, 2021 at 6:00 p.m. UTC
Aug 9, 2021
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USDC Builder Circle Says It Wants to Become a National Crypto Bank
The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.
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Aug 9, 2021 at 1:24 p.m. UTC
Aug 9, 2021
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Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stableco...
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Aug 6, 2021 at 7:07 p.m. UTC
Aug 6, 2021