Deltec Bank, the Bahamas-based bank that holds the reserves for the leading stablecoin issuer Tether, has revealed it has a “large position” in bitcoin and has been buying BTC since it was trading at $9,300.
San Francisco-based cryptocurrency exchange Coinbase has launched a new service for digital asset issuers looking to list their tokens on the exchange. The service, called Asset Hub, is a “simple, streamlined product for issuers to list their assets and do business with Coinbase.”
Jerome Powell, chairman of the Federal Reserve, has described the central bank’s work on stablecoins as a “very high priority,” stressing a need for “better regulatory answers” for these coins.
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Top stories in the Crypto Roundup today:
- Tether’s Bank Discloses ‘Large Position’ in Bitcoin
- Coinbase Opens up to New Listings via New ‘Asset Hub’ Service
- Federal Reserve’s Work on Stablecoin Risks is a ‘Very High Priority’
- Sponsored: Buy Bitcoin and Earn Crypto Interest With this “All-In-One” Wallet