@HadickM@web4O No restrictions on another issuer creating a cloudflare branded stablecoin. Precisely what we do at Bastion. Each one subject to regulator approval. The restriction is on Cloudflare itself as the issuer. Which makes the announcement so confusing.
Really hoping @Cloudflare got permission from the SCRC first if they are actually going to be the issuer or this is, you know, illegal.
From Genius:
"(B) Prohibition.—(i) In general.—A public company that is not predominantly engaged in 1 or more financial activities, and its wholly or majority owned subsidiaries or affiliates, may not issue a payment stablecoin unless the public company obtains a unanimous vote of the Stablecoin Certification Review Committee finding that—"
NYC is a global crypto hub
It's home to some of the industry's most iconic companies and the destination for a constant inflow of builders
We wanted to make it simpler for everyone in this community to find and collaborate with each other
So we built https://t.co/ajgB5uupyq
@asanwal They bought Stream a while back, subscale Tegus competitor. Ran it as a feature rather than as a product. Tegus ate their lunch. Let's see if the team for gets it right the second time.
We’re accelerating Robinhood Crypto’s worldwide expansion. Robinhood has officially entered into an agreement to acquire @Bitstamp, a global cryptocurrency exchange with customers across the EU, UK, US and Asia.
More details: https://t.co/wk3x02z0rU
Today, Paxos International announced the launch of Lift Dollar ($USDL) – a yield-bearing stablecoin that democratizes access to US dollars and safe yield generated from cash and cash equivalent assets. Now, you can seamlessly spend, save and trade, all while earning yield.
1/4
Today, we're proud to officially introduce RDC, the first depositary that’s making it as easy for qualified institutional buyers to own digital assets as traditional securities. Read our press release on our initial offering, the first-ever Bitcoin DR: https://t.co/CpmkzfAvEu
@TobiasRush I'd be surprised if they didn't. Amazon lost the thread when they got hooked on Ad revenue. They've prioritized pushing ads over discoverability and lowest prices. At some point the frog will be boiled and they'll wake up to a competitor that remembers the customer's needs.