US banks can hold reserves backing crypto stablecoinsBTC $10,485 (+0.6%) • ETH $342 (+0.3%) • XRP $0.23 (-0.1%)
In a fundamentally important development for the cryptocurrency industry, the US Office of the Comptroller of the Currency (OCC) said today that national banks and federal savings associations are legally allowed to hold the currency “reserves” that back stablecoins. 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬Top VC says amid 40% drop: the fundamentals for Ethereum have never been betterIt’s been a bloodbath in the DeFi market over recent days. Aglive launches farm-to-consumer blockchain-based app to tackle food fraudAglive, an Australian product traceability platform, has launched a blockchain-based mobile app that will allow consumers to see the source and journey of the products they consume. Charles Hoskinson lays down the path for Cardano governanceIn his latest YouTube video, Charles Hoskinson, the CEO of IOHK, laid out the long and treacherous road they had to take to create a solid foundation for Cardano’s governance. Yearn.finance (YFI) plunges to “do or die” support despite positive developmentsYearn.finance’s governance token (YFI) has been hit hard by the recent downtrend seen across the aggregated cryptocurrency market, with the token now trading down nearly 50 percent from where it was at its peak. The new DeFi market where users can sell jpgs and gifs for thousands in EthereumIn 2017, CryptoKitties became one of the most popular applications on Ethereum. Featured eventVirtual Blockchain Conference BlockDown is back for a third edition this Halloween (Oct. 22-23) with a host of the blockchain world’s biggest and brightest stars lined up to deliver ground-breaking keynotes and spark informed and fierce debate on the industry. Whilst the virtual conference space has been saturated in recent months, BlockDown Conference has consistently delivered the best content and is a must for any avid crypto enthusiast. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |