As the SEC continues its hunt for crypto exchanges, the United States has decided to put the potential of stablecoins at the service of its economic policy. This is what can be deduced from a speech by U.S. Federal Reserve Chairman Jerome Powell, who acknowledges that stablecoins are a form of currency. Where does this sudden interest in stablecoins come from?
It's here: a PayPal stablecoin! If the rumor had already been circulating, the payment company is embarking on a new course and taking the turn towards digital assets. It's time to find out more about this new project.
It's quite a paradox! The man who shook the Kremlin does not come from the opposition camp, nor from outside. Yevgeny Prigozhin is a very close friend and Vladimir Putin's "former Swiss Army knife". He dared to challenge the powers that be with a short-lived rebellion backed by some 5,000 men. A situation quickly resolved by Putin, and one that has been emulated by Russian crypto-enthusiasts.
Unlike other cryptos, stablecoins inspire relatively more confidence among users. This is due to the stability of their value, which correlates with that of a fiat currency. However, their monetary status had never been officially recognized. At least, until Jerome Powell, Chairman of the US Federal Reserve (Fed), did so. Is this a turning point?
The SEC has previously announced several legal actions against tokens in the Tron ecosystem. Nevertheless, the blockchain has recorded remarkable performances during the first quarter of 2023. This is revealed in a new report by the economic intelligence company Messari. Here's what it's all about.
Through its crypto-dedicated subsidiary SG-Forge, La Société Générale is increasingly anchoring itself in the European crypto ecosystem. In recent months, the French multinational bank has been multiplying its initiatives to integrate cryptos into its traditional service offering.