Circle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
EdmundAdditionally, their jointly operated Centre Consortium will be shut down.
ClementStablecoins are designed to maintain a stable value relative to a traditional currency but are still subject to market forces and fluctuations, and can depeg from their target value. USDC depegging over the weekend is an example.
CatherineCircle denied that it has received a Wells notice.
CryptoSlateThe firm ends SPAC deal under which it would have become a listed company.
OthersThe USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
BitcoinistDante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
CointelegraphWith the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail.
CointelegraphThe Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.
CointelegraphFour months into 2022, people are still waiting for the first Chinese comic hit. However, the leading IPs in the field of Guoman have already extended their tentacles to a new field-digital collections.
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