Tag: stablecoin
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Yellen asks Congress for stablecoin legislation
Recently, US Treasury Secretary Janet Yellen urged Congress to implement legislation that adequately regulates stablecoins, digital currencies designed to maintain a stable value against a widely adopted asset or basket of assets such as traditional currencies or commodities. Speaking before the House Financial Services Committee on July 14, Yellen expressed concerns over the potential risks…
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Stablecoin issuer Circle files for IPO
Last Updated: [Insert Date] In a bold move, Circle, the renowned stablecoin issuer, has officially filed for an initial public offering (IPO). The company aims to go public and is planning to offer its shares on one of the major stock exchanges. Circle’s Journey to the IPO Founded in 2013, Circle has consistently propelled the…