Tuesday, July 27, 2021
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Stablecoins present new dilemmas for regulators as mass adoption looms

Stablecoins present peculiar challenges to regulators. Although there is no single, agreed-upon definition of a stablecoin, the common denominator of the commonly used definitions is that stablecoins are designed to maintain a stable value in relation to a specified currency, asset or pool of such currencies/assets. They are contrasted with

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Mass adoption looms as South America’s second-largest company accepts crypto payments

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present

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Crypto bank opens physical location in India’s capital as potential regulatory ban looms

India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur.Unicas reportedly allows customers to access fiat and crypto services at the bank, and provides digital loans using crypto holdings as collateral. The bank aims to launch 50 branches across

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Bitcoin Price Rallies to $9.6K as Record CME BTC Contracts Expiry Looms

Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency on CoinMarketCap pushed through $9,350, a level traders expected to present resistance and made a beeline for $9,500. Today’s

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