Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000.
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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said.
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics.
New Zealand dollar stablecoin goes live through local crypto exchange
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm.
Tether’s bank partner Britannia sued over $1B deposit: Report
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether.
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push.
Paxos to issue USD stablecoin in Singapore, wins initial approval
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.
Stablecoin firm Tether minted 4B USDT in 4 weeks: Data
Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023.
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