Auto Added by WPeMatico
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Brazil temporary ditches…
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped…
Banks are using their proxies, organizations like the Bank Policy Institute and Better Markets, to promote the approval or modification of current regulation to affect the level of involvement of…
Fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher rules on crypto…
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen…
On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces…
On Thursday, the crypto economy cruised at $3.38 trillion while bitcoin ( BTC) slipped 2% in 24 hours, nearly brushing the $100,000 line again at 11:40 a.m. Eastern. Across the…
Robinhood reported record third-quarter results, with revenues doubling to $1.27 billion and net income surging 271% year-over-year. Strong crypto trading, new business lines, and rapid user growth helped the company…
Despite rate cuts, the end of quantitative tightening, and record-high equities, crypto continues to underperform. Liquidity is expanding globally, but it’s not flowing into digital assets, with exchange-traded fund (ETF)…
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia,…