Brazil’s largest bank, Itaú Unibanco, is developing a stablecoin to support blockchain transactions, but its timeline hinges on the outcome of a central bank proposal that may restrict stablecoin use.
The post Brazil’s Leading Bank Explores Stablecoin Launch While Cautiously Awaiting Regulatory Guidelines appeared first on Cryptonews. …
Category: Cryptocurrencies
Will Pi Network Survive This Unlock? Token Nears All-Time Low as Supply Flood Looms
Pi Network has declined by 8% in the past 24 hours, and upcoming token unlocks are likely to send it even lower in the coming weeks.
The post Will Pi Network Survive This Unlock? Token Nears All-Time Low as Supply Flood Looms appeared first on Cryptonews. …
Is Ripple Building the Next USDT? RLUSD Stablecoin Quietly Nears $250M
The new Ripple stablecoin’s market cap has grown fivefold in less than a month as the company has secured key exchange listings.Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating. This Ripple-native stablecoin was launched in December last year as part of an effort to strengthen the blockchain’s ecosystem […]
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Galaxy Digital UK Arm Secures FCA License, Plans to Expand Derivatives Trading
The FCA license will allow Galaxy Digital to offer derivatives trading capabilities in the UK, allowing to expand its institutional reach.
The post Galaxy Digital UK Arm Secures FCA License, Plans to Expand Derivatives Trading appeared first on Cryptonews. …
Fear & Greed Index Hits 25 as Crypto Market Returns to ‘Extreme Panic’ Sentiment
The cryptocurrency market has plunged back into a state of “Extreme Fear” following a steep drop in investor sentiment.
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South Korea Considers Allowing Foreign Crypto Investment If AML Rules Are Met
South Korea’s top financial regulator is signaling a potential policy shift that could allow foreign investors to access the domestic cryptocurrency market.
The post South Korea Considers Allowing Foreign Crypto Investment If AML Rules Are Met appeared first on Cryptonews. …
NY Mayoral Frontrunner Cuomo Worked as a Paid Advisor to OKX to Deal with Federal Probe: Report
Former New York governor Andrew Cuomo advised Seychelles-based OKX on policy issues and how to deal with the federal investigation.
The post NY Mayoral Frontrunner Cuomo Worked as a Paid Advisor to OKX to Deal with Federal Probe: Report appeared first on Cryptonews. …
US CFTC Withdraws Two Crypto Staff Advisories Due to ‘Market Maturity’
The US Commodity Futures Trading Commission (CFTC) withdrew two crypto-related staff advisories in yet another shift in the country’s regulatory efforts. Both decisions were effective immediately.
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Market Reacts to Trump’s ‘Liberation Day’ Reciprocal Tariffs
Markets react to Trump’s announcement of a 10% universal tariff and country-specific reciprocal trade levies, targeting imports from major Asian economies and reshaping U.S. economic strategy.
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Is Worldcoin the Next AI Megatrend? ChatGPT Surge Triggers 4% Bounce
Worldcoin briefly surged 4% following the release of ChatGPT’s new image-generation tool, thanks to their shared link via Sam Altman. However, with bearish indicators and ongoing regulatory scrutiny, WORLD risks hitting a new all-time low.
The post Is Worldcoin the Next AI Megatrend? ChatGPT Surge Triggers 4% Bounce appeared first on Cryptonews. …