Arbitrum DAO Weighs 100 Million ARB Push To Make USDG A Core Stablecoin
Arbitrum has joined Paxos’ Global Dollar Network, and a new DAO proposal asks the community to back USDG as a strategic stablecoin for the ecosystem. The plan includes adding 100 million ARB to the DRIP incentive budget to support liquidity, integrations and adoption.
Read Full Article on NewsBTCSummary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Greece Plans 10% Crypto Capital Gains Tax, Down From 15% Floated in June
A draft bill would exempt the first €500 of annual gains, as crypto tax rates across Europe run from Cyprus's 8% to Italy's 33%.

ESMA gives crypto firms 3 months to exit non-compliant stablecoins
ESMA urged EU crypto firms to halt services involving non-MiCA-compliant stablecoins, giving regulators three months to address existing exposures.

Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements.