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This means that TRON DAO's USDD stablecoin is now collateralized by more than 200%. However, a crypto researcher thinks that the allegations may be overblown.
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Tether has lost more than $10 billion in value in the last two weeks due to increased regulatory scrutiny on stablecoins.
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NFTs could become 'a much bigger, more fluid market' than bitcoin, 'Shark Tank' investor Kevin O'Leary predicted.
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The United Kingdom announced on Monday that stablecoins 'may provide a more efficient means of payment and more customer choice,' but the declaration was met with skepticism by voters.
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So far, $30 million of stablecoin has been minted.
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The European Central Bank's president, Christine Lagarde, addressed at the BIS summit on Tuesday. She maintained that crypto posed a threat and that Russian rubles were evading sanctions by investing in crypto and stablecoins.
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Institutional investors withdrew nearly $47 million from crypto funds between March 14 and March 18, according to a CoinShares study.
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Be prepared for some hassles if you're paying your taxes and you've made or sold any cryptocurrency.
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Coinbase and Binance both listed ICP in May of 2021, and the ICP price skyrocketed almost immediately.
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“If you put the federal government in charge of the Sahara Desert,” the economist Milton Friedman once quipped, “in five years there’d be a shortage of sand.” The U.S. Mint, to its credit, had a much longer run. The Federal Reserve, which purchases coins from the Mint and distributes them to depository institutions, announced it would begin …