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Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils


Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside...

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown


The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high...

UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources


As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.S. financial system, the Financial Stability Oversight...

An NFT Storm Brewing for OpenSea as FTX's New Platform 'a Month Away'


on-solana-meltdown-nfts">told Bloomberg that the exchange has a “robust framework,” and is therefore “set up for an easy expansion” – specifically to include NFTs minted externally.The exchange already allows their users to mint and list NFTs, but the next goal is to enable them to bring

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