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Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

Binance Announces System Upgrade for Improved Performance and Stability

Binance Announces System Upgrade for Improved Performance and Stability

Binance, one of the leading cryptocurrency exchanges, has announced a scheduled system upgrade to enhance overall performance and stability. During the upgrade, users may experience temporary disruptions in services such as new user registrations, logins, and trading. However, the exchange assures users that their funds will remain secure throughout the process.

Biden-Harris Administration Secures AI Commitments from Major Tech Companies

Biden-Harris Administration Secures AI Commitments from Major Tech Companies

The Biden-Harris Administration has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage AI risks. The commitments emphasize safety, security, and trust, requiring AI products to undergo security testing, share information on risk management, prioritize cybersecurity, and develop mechanisms to inform users. The administration is developing an Executive Order on AI and pursuing bipartisan legislation to position America as a responsible AI developer.

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.

Stablecoin

Stablecoin

What is stablecoin? In terms of what we measure the "stability". Understand stablecoin in different features. Central Bank Digital Currency (CBDC)

Institutional Bitcoin Adoption Continues as MicroStrategy, Square, and Tesla Ramp Up Crypto Interest

Institutional Bitcoin Adoption Continues as MicroStrategy, Square, and Tesla Ramp Up Crypto Interest

The institutional flow of funds into Bitcoin is a tool to help guarantee market stability and attract improved regulations for the crypto industry.

European Crypto Miners Share Insights About Their Local Mining Industry

European Crypto Miners Share Insights About Their Local Mining Industry

dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.

G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins

G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins

The Financial Stability Board (FSB), the G20 body that advises on ways to improve the global financial system, has published a study on the challenges, which stablecoins pose for the global economy. The FSB stated that regulatory frameworks have already covered several activities associated with stablecoins, although there are other risks that many national regulators could be left unprepared for.

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