Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
Read moreCoinbase to delist noncompliant stablecoins under EU MiCA rules
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.
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Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability
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Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency
Read moreVisa unveils platform for tokenized digital asset management
Visa revealed a tokenized asset platform in sandbox phase for issuing and managing digital assets, including stablecoins and CBDCs.
Read moreStablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.
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