I'm wondering if stable coins, which are cryptocurrencies designed to maintain a stable value, are actually protected by the government in any way.
7 answers
alexander_jackson_athlete
Thu Nov 21 2024
The introduction of fiat-backed stablecoins in payment chains marks a significant shift in the financial landscape.
Enrico
Wed Nov 20 2024
With the amendments, the regulations will now extend to cover the use of fiat-backed stablecoins in payment chains.
ZenMindful
Wed Nov 20 2024
To ensure the orderly integration of these stablecoins, amendments will be made to the Payment Services Regulations 2011.
Maria
Wed Nov 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions.
Elena
Wed Nov 20 2024
These amendments aim to provide a regulatory framework for the use of stablecoins in payment systems.