UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%
The FCA has finalised major crypto rules and reduced a key proposed stablecoin capital requirement after industry feedback.
Bitcoinist·
Open Standard has introduced Open USD with more than 140 partners, turning stablecoin competition into an ecosystem battle.
Read full articleThe FCA has finalised major crypto rules and reduced a key proposed stablecoin capital requirement after industry feedback.
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Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven […]
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