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USDC Vs. USDT: Which Stablecoin Is Better For Cross-Border Settlements?
… the stablecoin market. Both are backed by a proportionally 1:1 amount of traditional assets like cash, making the price … Circle) Tether Limited Year Established 2018 2014 Price Peg 1 USDC : 1 USD 1 … rapidly catching up, with a growth rate of 5x in the past 12 months. USDC is fully backed by cash and short-dated U.S. …
Regulation of Decentralised Finance (DeFi) in Europe
… to maintain a consistent peg (e.g. a variance less than 1–2%) against the dollar (see … “ The Synthetix Foundation, which since the project’s 2018 launch has largely controlled the direction of the … William Hinman in respect of the Howey Test in 2018. The Howey Test is very important for persons operating …
FCA Improvements to the Appointed Representatives regime
… Authority (FCA), released Policy Statement PS22/11 , on ‘Improvements to the Appointed Representatives … Scheme (FSCS) complaints the FCA found that from 2018 to H1 2019, Principals and ARs accounted for 61% of … to plug the gaps that it perceives to see within SUP 12. Whilst the FCA expects that Principal firms are doing …