Finder.com sued by Australian regulator over its crypto yield product

ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit. Go to Source Powered by WPeMatico

Draft US stablecoin bill would ban new algo stablecoins for 2 years

It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. Go to Source Powered by WPeMatico

Human rights activists take aim at privileged crypto critics in letter to Congress

The group of 21 activists provided examples of how crypto assists people around the world, saying “tens of millions” rely on Bitcoin (BTC) and stablecoins as a way to access financial tools. Go to Source Powered by WPeMatico