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LATAM crypto update: Stablecoins lead in use cases; Argentina’s SatoshiTango launches dollar deposits

Latin America’s cryptocurrency landscape is undergoing significant changes, with stablecoins emerging as the dominant digital asset class in the region. According to a recent Chainalysis report, stablecoin usage is growing rapidly as Latin Americans seek financial stability amid economic challenges. дальше »

2024-11-10 16:15


Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins. The potential move from Robinhood and Revolut comes amid growing pressure from regulators in Europe, which could loosen the dominance of Tether, the largest stablecoin issuer in the market. Tether And Circle Prepare […] дальше »

2024-9-27 06:30


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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

2024-6-13 04:00


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BlockDAG’s Latest Keynote Spurs Growth as $30 Forecasts Strengthen Amid Bonk and PayPal Developments

Crypto adherents are gravitating towards BlockDAG (BDAG), bolstered by an impressive $40.8 million in presale funding following the success of its Keynote 2. As BlockDAG’s keynote video captures widespread attention, Bonk’s price forecast hints at potential record highs, and PayPal’s integration of a stablecoin on Solana promises to revolutionize transaction speeds and costs. BlockDAG’s presale […] дальше »

2024-6-3 19:38


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Kraken reaffirms commitment to Tether (USDT) amid EU regulatory concerns

In a rapidly evolving regulatory landscape, Kraken, a prominent US-based cryptocurrency exchange, has firmly stated that it has no plans to delist Tether (USDT) from its European platforms. This announcement comes in response to Bloomberg reports that Kraken was “actively reviewing” supporting Tether’s USDT stablecoin on its European platform because of the regulatory scrutiny surrounding […] дальше »

2024-5-21 14:14