Dollar, Bank, Money, Currency, United States dollar, Finance

OCC guidance boosts stablecoin use in US

On Sep 22, 2020
@FintechBot shared
OCC guidance boosts stablecoin use in US https://t.co/fQRtkMMt9v by @FintechDirect 2020-09-22 08:31:26
Open

“This opinion provides greater regulatory certainty for banks…”

www.fintechdirect.net
On Sep 22, 2020
@FintechBot shared
OCC guidance boosts stablecoin use in US https://t.co/fQRtkMMt9v by @FintechDirect 2020-09-22 08:31:26
Open

OCC guidance boosts stablecoin use in US

OCC guidance boosts stablecoin use in US

“This opinion provides greater regulatory certainty for banks…”

Liquid to list USDC stablecoin

Liquid to list USDC stablecoin

Liquid crypto exchange to list USD Coin.

Bermuda Becomes 1st National Government to Accept Tax Payments in USDC Stablecoin

Bermuda Becomes 1st National Government to Accept Tax Payments in USDC Stablecoin

Today, Bermuda became the first government to accept payments for taxes, fees and other government services using USD Coin (USDC).

Episode 15: Digital Dollar Stablecoins in the US Financial System

Episode 15: Digital Dollar Stablecoins in the US Financial System

The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.

Here's why regulators are so worried about Facebook's digital currency

Here's why regulators are so worried about Facebook's digital currency

A key worry for some is whether libra competes with sovereign currencies like the dollar.

SEC, OCC Issue First Regulatory Clarifications for Stablecoins

SEC, OCC Issue First Regulatory Clarifications for Stablecoins

The OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.

US Banks Can Hold Reserves for Stablecoins: Treasury Office - Decrypt

US Banks Can Hold Reserves for Stablecoins: Treasury Office - Decrypt

The US Office of the Comptroller of the Currency (OCC) is allowing national banks and federal savings associations to hold reserves for stablecoin issuers.

KPMG: Cryptocurrencies (including Bitcoin) are not ready to be real currency

KPMG: Cryptocurrencies (including Bitcoin) are not ready to be real currency

KPMG has declared Bitcoin et al not ready to be classified as real currencies, and that using Bitcoin as a store of value is a “fool’s errand.”

Why the Fed should oversee Facebook’s Libra

Why the Fed should oversee Facebook’s Libra

Facebook Mark Zuckerberg’s plans to launch a new, global cryptocurrency called Libra have been met with understandable alarm, particularly among regulators and consumer advocates.

Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

USD Coin, the stablecoin issued by Jeremy Allaire's Circle, has more use cases than Libra and is built on a blockchain-agnostic platform.

Facebook open to currency-pegged stablecoins for Libra project

Facebook open to currency-pegged stablecoins for Libra project

Facebook Inc , facing growing skepticism about its digital currency project Libr...

How Does Cryptocurrency Have Value, and Why Should I Care?

How Does Cryptocurrency Have Value, and Why Should I Care?

Not all people understand how digital currencies have value, but others see crypto, especially stablecoins, as being even better than traditional money. Here’s why.

Why Is BitPay Settling to Merchants with Stablecoins?

Why Is BitPay Settling to Merchants with Stablecoins?

Since BitPay is now settling with three stablecoins, we wanted to take more time to explain why we are using these stablecoins. In short, technology like this is why BitPay exists.

Stablecoin War: The Best Stablecoins in 2019

Stablecoin War: The Best Stablecoins in 2019

What is the history of stablecoins in 2019? Read our stablecoin comparison and find out what are the best stablecoins in 2019: Tether, DAI, TrueUSD or something else?

Kevin O'Leary: Crypto ‘Crap’ Is Not Compliant, Rogue Currency

Kevin O'Leary: Crypto ‘Crap’ Is Not Compliant, Rogue Currency

Kevin O’Leary said that cryptocurrencies are non-compliant, and as such are not useful for paying taxes or being used as a currency.

Stablecoin Excitement Suggests a New Future for Digital Currencies – Without the Volatility

Stablecoin Excitement Suggests a New Future for Digital Currencies – Without the Volatility

Stablecoins were meant to be everything that bitcoin wasn’t. Of course, they would be stable in value where crypto wasn’t. They would be crypto without the fun, lacking the volatility that ...