-
BTC 66,381.41 (-0.70%) -
ARS 1,108.00 (+0.73%) -
ETH 3,076.02 (-1.33%) -
SOL 170.19 (-1.24%) -
PEPE <0.01 (-4.83%) -
BONK <0.01 (-5.44%) -
WIF 2.52 (-0.74%) -
DOGE 0.15 (-2.33%) -
FTM 0.86 (-3.44%) -
LINK 16.58 (+2.43%) -
RNDR 10.13 (-0.74%) -
BOME 0.01 (-5.12%) -
RUNE 6.60 (-3.46%) -
XRP 0.51 (-2.15%) -
NEAR 7.94 (+0.42%) -
CREAM 87.50 (+48.73%) -
ENA 0.71 (-5.83%) -
ORDI 40.06 (-2.65%) -
FLOKI <0.01 (-5.02%) -
BCH 484.40 (+2.15%) -
AVAX 35.70 (-3.98%) -
RSR <0.01 (-0.96%) -
PEOPLE 0.04 (-2.35%) -
PYTH 0.38 (-12.63%) -
WLD 4.72 (-5.09%) -
ICP 12.64 (-4.56%) -
FIL 5.54 (-4.91%) -
AEVO 0.80 (-1.84%) -
BLZ 0.28 (-14.45%)
Obligatory license for stablecoins What do the latest FSB guidelines mean
Published: 2023-08-08
Title: Obligatory License for Stablecoins: FSB Guidelines
1. Regulation for Stablecoins (112 words): The main topic of the article revolves around the Financial Stability Board's (FSB) guidelines regarding the regulation of stablecoins. Stablecoins are a type of cryptocurrency designed to offer price stability by pegging their value to traditional assets such as fiat currencies or commodities. The FSB has proposed obligatory licensing for stablecoin operators to address concerns related to financial stability,consumer protection,competition,and monetary policy transmission. This move aims to ensure that stablecoins abide by established regulatory standards and follow anti-money laundering and combating the financing of terrorism (AML/CFT) requirements. The FSB guidelines are part of the ongoing effort to create a consistent regulatory framework for digital assets.
2. Risks Associated with Stablecoins (159 words): Another major aspect covered in the article is the potential risks associated with stablecoins. The FSB highlights concerns related to investor protection,market integrity,and cybersecurity risks. Volatility in the stablecoin market,especially during periods of stress,could have implications for wider financial stability. The guidelines emphasize the importance of a clear legal framework,transparency,disclosure mechanisms,and robust risk management practices for stablecoin operators. Ensuring market participants have access to accurate and reliable information is of utmost importance to maintain public trust in stablecoins as a means of exchange.
3. International Coordination on Stablecoins (165 words): The third key topic discussed in the article is the need for international coordination when regulating stablecoins. Given the cross-border nature of stablecoin activities,there is a need for effective information sharing and cooperation among regulatory authorities. The FSB advocates for collaboration to address potential regulatory gaps,mitigate risks,and ensure consistent oversight of stablecoin operations. Harmonized international regulations are vital to prevent regulatory arbitrage and maintain a level playing field for the stablecoin industry. Additionally,international cooperation can facilitate the adoption of best practices to enhance stability,resilience,and trust in the global stablecoin ecosystem. In conclusion,the three main topics discussed in the article are: 1) Regulation for Stablecoins,specifically focusing on obligatory licensing for stablecoin operators; 2) Risks Associated with Stablecoins,emphasizing concerns related to investor protection and cybersecurity; and 3) International Coordination on Stablecoins,highlighting the need for collaboration among regulatory authorities to address cross-border challenges posed by stablecoin activities.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
66,381.41 | 1,214,527,419.82 |
| 2 | ARS |
1,108.00 | 837,635,654.30 |
| 3 | ETH |
3,076.02 | 510,214,820.41 |
| 4 | SOL |
170.19 | 452,575,590.72 |
| 5 | PEPE |
<0.01 | 181,257,469.10 |
| 6 | BONK |
<0.01 | 169,566,883.18 |
| 7 | WIF |
2.52 | 144,068,085.40 |
| 8 | DOGE |
0.15 | 110,653,221.15 |
| 9 | FTM |
0.86 | 82,104,056.53 |
| 10 | LINK |
16.58 | 80,959,044.72 |
| 11 | RNDR |
10.13 | 73,761,359.62 |
| 12 | BOME |
0.01 | 68,185,426.33 |
| 13 | RUNE |
6.60 | 57,338,766.54 |
| 14 | XRP |
0.51 | 56,997,005.83 |
| 15 | NEAR |
7.94 | 55,416,586.17 |
| 16 | CREAM |
87.50 | 52,799,446.28 |
| 17 | ENA |
0.71 | 50,431,732.05 |
| 18 | ORDI |
40.06 | 48,080,348.62 |
| 19 | FLOKI |
<0.01 | 46,573,479.13 |
| 20 | BCH |
484.40 | 41,981,409.02 |
| 21 | AVAX |
35.70 | 40,569,038.98 |
| 22 | RSR |
<0.01 | 37,966,812.54 |
| 23 | PEOPLE |
0.04 | 36,548,026.38 |
| 24 | PYTH |
0.38 | 33,891,193.09 |
| 25 | WLD |
4.72 | 33,494,407.40 |
| 26 | ICP |
12.64 | 30,316,319.95 |
| 27 | FIL |
5.54 | 29,801,055.97 |
| 28 | AEVO |
0.80 | 28,214,411.11 |
| 29 | BLZ |
0.28 | 27,561,709.40 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | CREAM |
87.50 | +48.73 |
| 2 |  FARM |
81.15 | +19.80 |
| 3 |  PHA |
0.20 | +8.18 |
| 4 |  BNX |
1.07 | +6.99 |
| 5 |  OOKI |
<0.01 | +6.40 |
| 6 |  POND |
0.02 | +4.53 |
| 7 |  UNFI |
4.13 | +4.32 |
| 8 |  VIC |
0.45 | +3.44 |
| 9 |  AR |
48.19 | +2.69 |
| 10 | LINK |
16.58 | +2.43 |
| 11 |  OAX |
0.23 | +2.31 |
| 12 | BCH |
484.40 | +2.15 |
| 13 |  HIVE |
0.32 | +1.83 |
| 14 |  ASR |
3.75 | +1.16 |
| 15 |  AKRO |
<0.01 | +0.98 |
| 16 |  PAXG |
2,410.00 | +0.96 |
| 17 |  ELF |
0.53 | +0.50 |
| 18 | NEAR |
7.94 | +0.42 |
| 19 |  KP3R |
75.97 | +0.01 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | BLZ |
0.28 | -14.45 |
| 2 |  EPX |
<0.01 | -13.22 |
| 3 | PYTH |
0.38 | -12.63 |
| 4 |  TNSR |
0.81 | -11.68 |
| 5 |  STRK |
1.06 | -8.34 |
| 6 |  MANTA |
1.45 | -8.11 |
| 7 |  SAGA |
2.08 | -8.07 |
| 8 |  DIA |
0.46 | -8.03 |
| 9 |  TIA |
8.78 | -7.87 |
| 10 |  LSK |
1.78 | -7.78 |
| 11 |  ACE |
4.53 | -7.17 |
| 12 |  BETA |
0.06 | -7.06 |
| 13 |  MAV |
0.35 | -7.02 |
| 14 |  HOOK |
0.77 | -6.95 |
| 15 |  AUCTION |
13.72 | -6.86 |
| 16 |  OMNI |
13.81 | -6.82 |
| 17 |  CITY |
3.14 | -6.79 |
| 18 |  PIXEL |
0.34 | -6.67 |
| 19 |  POLYX |
0.42 | -6.64 |
| 20 | ![Quickswap [OLD] title=](https://titdoi.com/coins-images-mini/QUICK-quick.webp){kind=small} QUICK |
0.05 | -6.63 |
| 21 |  ALCX |
23.49 | -6.56 |
| 22 |  DCR |
19.47 | -6.53 |
| 23 |  XAI |
0.59 | -6.37 |
| 24 |  RPL |
18.31 | -6.30 |
| 25 |  ZRX |
0.55 | -6.27 |
| 26 |  MBOX |
0.33 | -6.24 |
| 27 |  NTRN |
0.64 | -6.24 |
| 28 |  FOR |
0.02 | -6.14 |
| 29 |  LOOM |
0.09 | -6.11 |
| 30 |  GTC |
1.14 | -6.10 |
Bitcoin's Greed and Fear Index.
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Greed
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Fed Chair Powell Speaks | Sunday | 19-05-2024 | 20:30 |
| 2 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 12:30 |
| 3 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 13:45 |
| 4 | FOMC Member Waller Speaks | Monday | 20-05-2024 | 14:00 |
| 5 | FOMC Member Barr Speaks | Monday | 20-05-2024 | 14:00 |
| 6 | FOMC Member Jefferson Speaks | Monday | 20-05-2024 | 15:30 |
| 7 | FOMC Member Mester Speaks | Monday | 20-05-2024 | 19:00 |
| 8 | Treasury Sec Yellen Speaks | Tuesday | 21-05-2024 | 09:00 |
| 9 | FOMC Member Waller Speaks | Tuesday | 21-05-2024 | 14:00 |
| 10 | FOMC Member Barkin Speaks | Tuesday | 21-05-2024 | 14:00 |
| 11 | FOMC Member Williams Speaks | Tuesday | 21-05-2024 | 14:05 |
| 12 | FOMC Member Bostic Speaks | Tuesday | 21-05-2024 | 14:10 |
| 13 | FOMC Member Barr Speaks | Tuesday | 21-05-2024 | 16:45 |
| 14 | FOMC Member Mester Speaks | Wednesday | 22-05-2024 | 00:00 |
| 15 | Existing Home Sales | Wednesday | 22-05-2024 | 15:00 |
| 16 | Crude Oil Inventories | Wednesday | 22-05-2024 | 15:30 |
| 17 | FOMC Meeting Minutes | Wednesday | 22-05-2024 | 19:00 |
| 18 | Unemployment Claims | Thursday | 23-05-2024 | 13:30 |
| 19 | Flash Manufacturing PMI | Thursday | 23-05-2024 | 14:45 |
| 20 | Flash Services PMI | Thursday | 23-05-2024 | 14:45 |
| 21 | New Home Sales | Thursday | 23-05-2024 | 15:00 |
| 22 | Natural Gas Storage | Thursday | 23-05-2024 | 15:30 |
| 23 | FOMC Member Bostic Speaks | Thursday | 23-05-2024 | 20:00 |
| 24 | Core Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 25 | Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 26 | FOMC Member Waller Speaks | Friday | 24-05-2024 | 14:35 |
| 27 | Revised UoM Consumer Sentiment | Friday | 24-05-2024 | 15:00 |
| 28 | Revised UoM Inflation Expectations | Friday | 24-05-2024 | 15:00 |
