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Asset-backed stablecoins are digital currencies that are issued against traditional fiat currencies held on a 1:1 peg. In theory, one U.S.-dollar-backed stablecoin should be equal to one U.S. dollar. However, as we’ve seen in the case of tether, this is not always the case. In fact, many popular stablecoins are
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Will the plan work? Soon, the Bitcoin Bonds will get the legal foundation they need. In a recent TV interview Alejandro Zelaya, El Salvador’s Finance Minister, said they will send the necessary bills to Congress. Soon. Reportedly, El Salvador will initially issue $1B worth of bonds, which will have a
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“Many or most crypto assets have significant regulatory risk, particularly as it relates to being securities under U.S. law, but we think these problems are now solved for bitcoin,” said Andy Edstrom, the head of institutional investment at Swan Bitcoin. “We don’t think this question has been answered for most
Read MoreI am delighted to be part of this event. Data protection and international cooperation have been close to my heart for a very long time. That is also why I joined the ICO Board as a non-executive director, now almost three years ago – to increase international and regulatory experience at that
Read MoreThe Digital Regulatory Cooperation Forum (DRCF) has submitted its response to the Department of Digital, Culture, Media and Sport (DCMS) on the
Read MoreChina’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC), the digital yuan. The draft law states that the yuan is the official currency of the People's Republic of China
Read MoreThe rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth in DeFi in 2020 has created the potential for money laundering
Read MoreThe ICO is re-opening the regulatory sandbox, its free service, designed to support organisations using personal data to develop innovative products and
Read MoreThe ICO is re-opening the regulatory sandbox, its free service, designed to support organisations using personal data to develop innovative products and
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