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From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
18.12.2021
Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
18.12.2021
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio
How to Earn Interest on Stablecoins: A Beginner’s Guide
18.12.2021
Lending stablecoins is one of the ways to earn yield in the crypto markets, but it has one important advantage as it takes market volatility out of the equation.
Read on to learn how to earn interest on stablecoins....
Read More: How to Earn Interest on Stablecoins: A Beginner’s Guide
Senate hearing on stablecoins: Compliance anxiety and Republican pushback
17.12.2021
As stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Bitwise, Nexo Add to Financial Products for Rich NFT Investors
17.12.2021
The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors....
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Here’s why Bitcoin traders expect choppy markets for the remainder of 2021
17.12.2021
Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
16.12.2021
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and...
More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
15.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
Witnesses offer differing opinions on approach to stablecoins at congressional hearing
14.12.2021
Every witness who appeared in front of the committee seemed to have their own rallying cry for U.S. lawmakers, from calling for greater KYC/AML compliance to "avoid policies that encourage the growth of stablecoins."
'DeFi is the most dangerous part of the crypto world,' says Senator Elizabeth Warren
14.12.2021
The U.S. lawmaker claimed that the value of stablecoins would "take a nosedive," with small investors largely feeling the effects of a potential downturn
Cryptoverse Smarts as ‘Bad Actor’ Readies to Talk Stabelcoins to US Senate
14.12.2021
A US Senate hearing will hear testimony on stablecoins today – but some crypto community members have expressed concern that some of those summoned before the American upper house could be bringing misinformation and inaccuracy to the table....
Read More: Cryptoverse Smarts as ‘Bad Actor’...
Myanmar’s Exiled Government Embraces Tether To Combat Military Regime
13.12.2021
Myanmar’s shadow government has recognized tether (USDT) as its official currency - with plans to use the stablecoin to collect funds for a campaign against the country’s military junta. ...
Read More: Myanmar’s Exiled Government Embraces Tether To Combat Military Regime
Myanmar shadow government declares stablecoin USDT an official currency
13.12.2021
The NUG finance minister said Tether use would enhance trade speed and payment efficiency
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
10.12.2021
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up...
Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
9.12.2021
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions
WhatsApp starts testing currency payments with Meta’s Novi wallet
9.12.2021
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms
Meta Tests Stablecoin Transfers via WhatsApp
9.12.2021
The Novi digital wallet, created by the social media giant Meta (formerly Facebook), will allow its users to send and receive stablecoin via its popular messaging app, WhatsApp.
This news has been shared today by the Head of Novi Stephane Kasriel, who said in a tweet that the company is working...
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
8.12.2021
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny