Topic
Stablecoins
325 published works
Blockchain + The Law
Understanding Stablecoins
With stablecoins like Tether and Gemini making news recently, it is worth exploring what the term “stablecoin” means, and how it might impact businesses and consumers in the coming years.…
Virtual Currency Report
Blockchain Week in Review: Week of January 7-11, 2019
U.S. Developments Regulatory Updates Texas Clarifies that Stablecoins Backed by Sovereign Currency Qualify as “Money” Under Money Transmission Statute The Texas Department of Banking recently issued a Supervisory Memorandum clarifying…
The Blockchain Monitor
Stablecoins Launch in US Amid Multiple Securities Enforcement Actions and Bid to Repurpose DoD Data Center for Cryptocurrency Mining
By Brian P. Bartish, Robert A. Musiala, Njeri Chasseau, Jaime B. Petenko, Melonia A. Bennett
In this issue: • Stablecoins Launch in US as New Data Cites Drop in ICO Funding • SEC and FINRA Issue First-of-Their-Kind Enforcement Actions • Blockchain Enterprise Developments: Mining, Digital…
Blockchain Legal Resource
New York DFS Authorizes Two Stablecoins
On September 10, 2018, the New York Department of Financial Services authorized Gemini Trust Company and Paxos Trust Company to each offer a price-stable cryptocurrency, also known as a stablecoin,…
Cleary FinTech Update
New York Department of Financial Services Approves Gemini and Paxos Virtual Currency “Stablecoins”
By Michael H. Krimminger, Zachary Baum
This week, the New York Department of Financial Services (“NYDFS”) announced approval for its two licensed FinTech-oriented state trust companies, Gemini Trust Company LLC and Paxos Trust Company LLC (formerly…