Stablecoins – Past, Present and Future

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Today’s Crypto for Advisor newsletter is coming to you from Consensus Toronto. The energy is high as digital asset policy makers, leaders and influencers gather to talk about bitcoin, blockchain, regulation, AI and so much more! Attending Consensus? Visit the CoinDesk booth, #2513. If you are interested in contributing to this newsletter, Kim Klemballa will […]

As Meta Said to Mull Tokens, U.S. Senator Warren Calls for Blocking Big Tech Stablecoins

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Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and U.S. Senator Elizabeth Warren told CoinDesk that the pending legislation to govern stablecoins needs to insist that’s not possible. A high-stakes crypto bill […]

Mesh Integrates Apple Pay to Let Shoppers Spend Crypto, Settle in Stablecoins

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Crypto payments startup Mesh is planning to roll out Apple Pay support for crypto transactions, allowing shoppers to pay with digital assets while settling transactions in stablecoins for merchants. The feature, unveiled during Token2049 in Dubai, converts crypto to stablecoins at checkout using Mesh’s proprietary SmartFunding technology. The system sidesteps the need for merchants to […]

U.S. SEC Staff Clarifies That Some Crypto Stablecoins Aren’t Securities

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The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator’s staff declared in the latest statement outlining the corners of the crypto sector for which it doesn’t have a legal interest. Since the agency was taken over by President Donald Trump-appointed leadership and formed a Crypto Task Force […]