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Natali Mironova

Warren Questions Meta’s Stablecoin Plans

Warren Questions Meta's Stablecoin Plans 6

Senator Elizabeth Warren has formally requested detailed information from Meta Platforms regarding its reported initiatives to integrate stablecoins across its extensive network of social media platforms. The inquiry, directed at Meta CEO Mark Zuckerberg, signals a heightened focus by U.S.…

Lagarde: Euro Stablecoins Pose Financial Risk

Lagarde: Euro Stablecoins Pose Financial Risk 8

European Central Bank (ECB) President Christine Lagarde has articulated a strong stance against euro-denominated stablecoins, asserting that their potential risks to financial stability and the transmission of monetary policy outweigh any perceived benefits for the euro’s international standing. This position…

SK Cracks Down on Overseas Crypto Relocations

SK Cracks Down on Overseas Crypto Relocations 10

South Korea’s national legislature has enacted a new amendment to the Foreign Exchange Transactions Act, significantly enhancing the oversight of domestic businesses engaged in cross-border cryptocurrency transactions. This legislative move mandates that entities involved in transferring virtual assets to or…

Whale Sues Coinbase Over Alleged DAI Theft

Whale Sues Coinbase Over Alleged DAI Theft 16

A recent lawsuit filed by an anonymous cryptocurrency investor, identified as “D.B.,” has placed Coinbase under scrutiny for its handling of frozen assets linked to a significant crypto theft. The plaintiff alleges that the prominent cryptocurrency exchange improperly refused to…

Stablecoin Yield Wars Threaten Crypto Bill Passage

Stablecoin Yield Wars Threaten Crypto Bill Passage 25

The path toward comprehensive cryptocurrency legislation in the United States is facing significant headwinds, primarily stemming from a contentious dispute over stablecoin yield provisions. Banking industry trade groups have formally signaled their opposition to a recently proposed compromise, a stance…