It is important for regulators to closely monitor the use of stablecoins in the US bonds market and ensure that issuers of stablecoins are transparent and trustworthy. It is also important for investors to carefully consider the risks and _...Read More_

>"(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation _...Read More_

>"El Salvador’s much-hyped "volcano" bond doesn’t hold up to scrutiny."

>"The country’s finance minister had previously suggested the bond sale could be launched as soon as this week."

Fed senior officials will soon not be allowed to trade crypto, stocks, and bonds.

He gets sooo much wrong (misses DeFi entirely for example), but three important points: 1. This is an example of what the HIGHLY EDUCATED think (i.e. we are still early). 2. The drumbeat for regulation is clearly starting. 3. The stats on _...Read More_

>"El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason."

>"The IMF insists on El Salvador not using Bitcoin as legal tender as the country's USD bonds plummeted to an all-time low on _...Read More_

>"Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s _...Read More_

>"Last week, El Salvador announced plans to launch a Bitcoin City along with launching $1 billion in Bitcoin bonds. However, the _...Read More_

>"El Salvador, which has used the US dollar for two decades, was the first country in the world to legalize bitcoin as legal tender."

[https://decrypt.co/81494/bitcoin-ethereum-solana-price-continued-slide?&utm_medium=referral&utm_campaign=feed&utm_source=coinmarketcap](https://decrypt.co/81494/bitcoin-ethereum-solana-price-continued-slide?&utm_medium=referral&utm_campaign=feed&utm_source=coinmarketcap)

El Salvador's government bonds have inverted as investors place bearish bets against the country’s recognition of Bitcoin as legal tender.

There is no sound argument for applying lender-of-last-resort protection to privately issued cryptocurrencies. But regulators can prevent the all-too-predictable liquidity squeeze caused by a run on stablecoins – including by regulating _...Read More_

>"Unlike fiat currency-pegged stablecoins Yuga Coin intends to be solely pegged to government debt such as bonds and treasury notes."