In the wake of the collapse of TerraUSD, an algorithmic stablecoin, it was widely expected that financial regulators would take swift action to set some ground rules for stablecoins. (See “Terra LUNA 99% Crash: How Did It All...
On 8 June 2022, the New York State’s Department of Financial Services (DFS) issued a Regulatory Guidance on Baseline Criteria for USD-Backed Stablecoins. The Guidance applies to entities licensed by the DFS to engage in virtual currency business activity (so-called...
Introduction With success comes accountability. So it is with the crypto sector. As the sector grows in size, importance and sophistication, the United Kingdom’s financial policymakers – government, parliament, and regulatory bodies (such as the Financial Conduct Authority...
On 24 March 2022, the Financial Policy Committee (FPC) of the U.K.'s central bank, the Bank of England (BoE), published a document titled: “Financial Stability in Focus: Cryptoassets and decentralised finance”. In it, the BoE sets out its...
SolChicks, the leading Play-to-Earn (P2E) game on the Solana blockchain, has announced a partnership with OneRare, the first Metaverse project dedicated to the world’s food and beverage industry, as its Official Food Partner. OneRare will be creating an...
The $CHICKS token of SolChicks, the leading Play-to-Earn (P2E) game on the Solana blockchain, has today been listed on Gate.io. It’s great news for SolChicks as Gate.io is a top-rated digital currency trading platform with a daily trading...
SolChicks, the leading Play-to-Earn (P2E) game on the Solana blockchain, has announced Binance NFT as its exclusive partner for its upcoming SolChicks NFT mint. The 3rd wave, which is also the final wave of the genesis SolChicks NFT...
SolChicks, the leading Play-to-Earn (P2E) game on the Solana blockchain, has been soaring in popularity in recent weeks. As it approaches its Initial Dex Offering (IDO), happening in just two days’ time (the IDO will take place on...
On 9 November 2021, the UK government announced the next steps in its exploration of a potential Central BoE Digital Currency (CBDC) for the UK. In a joint statement, the UK’s Ministry of Finance (HM Treasury) and the...
On 7 October 2021, the G20-mandated regulatory standard-setter, the Financial Stability Board (FSB) published a document titled: “Regulation, Supervision, and Oversight of “Global Stablecoin” Arrangements - Progress Report on the implementation of the FSB High-Level Recommendations” (Progress Report). ...
