News list for "transparency"
The Paxos CEO attempted to reframe the minting incident as validation of blockchain technology's transparency benefits.
According to Kraken's latest Transparency Report, its regulatory and law enforcement data requests increased by 39 percent in 2024, with the majority coming from U.S. agencies, including the Federal Bureau of Investigation (FBI). The report, released Feb. 19, noted that Kraken received 6,826 data requests from 71 countries in 2024, a significant increase from the previous year. The U.S. accounted for the largest share of requests, with 1,951 inquiries. In the U.S., the FBI was the largest reques...
The latest Reuters poll reported that 59% of the 39 economists surveyed predict that the Bank of Japan will raise interest rates in July, and 13% think it may raise interest rates earlier in May. More than 65% of economists said that the Bank of Japan will raise its key rate to 0.75% in the third quarter. 61 economists agreed that the Bank of Japan will leave its current key rate unchanged at 0.50% on March 19. According to the median forecast, the Bank of Japan's interest rate is expected to re...
Paxos officially released the December 2024 stablecoin PYUSD Transparency Report, disclosing unaudited data related to PYUSD, including: Total Tokens Outstanding fell again, reaching $497,959,719. 2. The current market value of the collateral in the total amount of the US Treasury mortgage reverse repurchase agreement is approximately $487,993,500, and the nominal position value is approximately $478,425,000. The current market value of the collateral in the cash deposit is approximately $21,401...
According to a Reuters report last week, citing unnamed sources, the cryptocurrency industry has been lobbying Trump to issue an executive order within his first 100 days in office to build up U.S. bitcoin reserves, ensure the industry has access to banking services, and create a cryptocurrency advisory council. The report also said that the industry expects at least one order to come on January 20. (Jin Ten)
According to Reuters, as of now, Trump has not nominated a successor to the next chairperson of the US Commodity Futures Trading Commission (CFTC), and the current chairperson, Rostin Behnam, has previously announced that he will resign on January 20, the inauguration day of President-elect Trump, which means that there may be a "gap" with the regulator for a period of time. Rostin Behnam led the CFTC for four years, most notably during the crackdown on cryptocurrency exchange Binance for violat...
Tether's official transparency page shows that the authorized issuance of USDT on the TON chain has increased to about $580 million ($580,000,002.00); it is currently the sixth largest blockchain in USDT issuance, after Tron, Ethereum, Solana, Avalanche and Omni.
According to the Tether transparency page, the authorized issuance of USDT on the TON chain has exceeded $1.40 billion, currently touching $1,429,976,002.51, of which the authorized unissued amount is about $211,387,807.26, and the net circulation is about $1,218,588,195.25. According to CoinGecko data, the market value of the US dollar stablecoin USDT broke through 140 billion US dollars in a short time today, setting a new high, and is now reported at 139,735,518,669 US dollars.
Paxos officially released the November 2024 stablecoin PYUSD Transparency Report, disclosing the unaudited data related to PYUSD as of 5:00 Beijing time on November 30, 2024, including: Total Tokens Outstanding fell again, reaching $539,827,757. 2. The current market value of the collateral in the total amount of the US Treasury mortgage reverse repurchase agreement is approximately $450,079,080, and the nominal position value is approximately $441,254,000. The current market value of the collat...
Tether's official transparency page shows that the authorized issuance of USDT on the TON chain has increased to about $1.23 billion ($1,229,976,002.51); it is currently the fifth largest blockchain in USDT issuance, after Tron, Ethereum, Solana, and Avalanche.
