Without presidential authorization, the Secretary of the Treasury will not be able to sell funds from the reserve. The reserve will be audited regularly, with high security standards and constant reports. Yesterday, a draft of a decree detailing the creation of a strategic bitcoin (BTC) reserve in the United States was leaked. The document, pending … Read more
“RLUSD is more than a clone of USDC,” says Cochram. This stablecoin will unlock great potential for Ripple’s expansion. The company Ripple Labs marked a historic milestone with the market launch of its RLUSD stablecoin. As CriptoNoticias already reported, the financial product has been available since December 17 in 5 bitcoin (BTC) and cryptocurrency exchanges. … Read more
Tether stablecoins EURT and USDT lose ground in the European Union. EURC, EURCV and EURI are the ones that now occupy the majority of the market. Six months have passed since the first phase of the Crypto Asset Market Regulation (MiCA) came into force in the European Union (EU). They are regulations focused on stablecoins … Read more
In bolivars, only the equivalent of 3.24 billion dollars circulates, estimates say. The dollars circulating in Venezuela are stagnant because dollarization is informal. In Venezuela, the circulation of US dollars in cash doubled that of bolivars, the local currency. According to the most recent study by the socioeconomic analysis firm Ecoanalítico, in November of this … Read more
PENGU’s market capitalization exceeds $2 billion. In its first hour of launch, over $150 million was traded on PENGU. The Pudgy Penguins token (PENGU) had an outstanding performance at its market launch and its price rose more than 500% in less than a day. It is, at the time of this publication, the digital asset … Read more
Worldcoin offers WLD tokens for iris scanning, with additional incentives for recruiters. Regarding iris scanning, there are doubts about whether users understand what they are giving up. The Worldcoin cryptocurrency project, now known as World, has surpassed the social network TikTok in the ranking of most downloaded applications in Colombia, reflecting the significant interest of … Read more
The biggest advantage of a BTC reserve lies in its scarcity: there will be no more than 21 million coins. Unlike gold, bitcoin does not require complex management or costly security measures. The bitcoin-based strategic reserve project, promoted by Senator Cynthia Lummis – known on Capitol Hill as “The Queen of Cryptocurrencies” – has captured … Read more
EU exchanges will be forced to store the data of cryptocurrency holders. Several cryptocurrency platforms are asking customers for information about their wallets. This December 30, the Regulation for the Cryptoasset Market (MiCA) comes into force in the European Union (EU). It is expected that from that date a series of new regulations will regulate … Read more
The financial entity will be able to finance projects through the tokenization of assets. The president of the CNAD, Juan Carlos Reyes, values the incorporation of the bank to the registry. The National Digital Assets Commission (CNAD) of El Salvador included Banco Atlántida, a financial entity with more than $3.6 billion in assets, in its … Read more
Since Donald Trump was declared president-elect of the United States, the Chinese capital market has experienced an unprecedented flight of foreign funds, calling into question the de-dollarization process that the Asian country began to promote together with some members of the group of the BRICS (Brazil, Russia, India, China and South Africa, among other countries … Read more