New USStocks Token Lets Investors Access US Stock Market With Stablecoin Dai
Decentralized financial contracts platform UMA has partnered with MakerDAO to release a token tied to the US stock market.
tags: Blog AltCoins CryptoAssets Tokenization
Japan: 13 Banks Invest in SBI’s Ripple-Powered Blockchain Payment App
Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28.
tags: Blockchain Blog Ripple Fintech
Hong Kong’s Securities Regulator Issues Detailed Guidance for Security Token Offerings
Hong Kong’s securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs).
tags: STOs Regulation Blog CryptoAssets ICOs
Crypto Value Isn’t Easy to Create With an Algorithm – Bloomberg
tags: CryptoAssets Blog Stablecoins AltCoins
Can ‘stablecoins’ be stable? – Bank Underground
Keeping one currency stable against another is easier said than done and algorithms that intuitively seem to work can hide devastating design flaws. Time will tell, but it seems unlikely that these algorithmic stablecoins will be replacing national currencies any time soon.
tags: Blog Stablecoins CryptoAssets AltCoins