Western Union could soon have its own stablecoin, CEO Devin McGranahan recently revealed. The goal is to launch a dollar-pegged token for the US market, expanding its service portfolio and becoming the first major global remittance provider to have its own stablecoin.
With this initiative, the bank…
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Bitcoin Infinity Day is celebrated on August 21st.
Bitcoin Infinity Day is celebrated on August 21st. It is an emblematic date celebrated since 2021, which combines the well-known infinity symbol and the number 8. But in reality, it is the day of the largest supply of Bitcoin, at 21 million…
Indonesian government considers creating a national Bitcoin reserve
Last week, the Bitcoin Indonesia group held a meeting with the country's vice-presidential office to discuss the proposal for a Bitcoin reserve to help strengthen the economy.
The strategic reserve in the market's leading cryptocurrency is…
Artificial intelligence warns of Bitcoin price drop
In a context where Bitcoin, the leading cryptocurrency, has maintained an upward trend for several weeks, ChatGPT's predictions for the coming months point to a drop even below $100,000.
Currently, the digital asset is trading above…
Cavecom-e: cryptocurrency use for remittances in Venezuela grows 40 %
The president of the Venezuelan Chamber of Electronic Commerce (Cavecom-e), Richard Ujueta, noted that the use of cryptocurrencies to send remittances to the country has increased by 40 %.
Ujueta indicated that the “use of stable…
Montevideo to host Blockchain Summit Global 2025
The capital of Uruguay, Montevideo, will host the Blockchain Summit Global 2025 this Friday, July 25, a highly important event in the digital finance sector, where more than 20,000 people are expected to attend.
The city "will become the…
Bolivia implements regulations on financial technology platforms and virtual assets
The director of the Financial System Supervisory Authority (ASFI) of Bolivia, Ivette Espinoza, announced last week the entry into force of regulations for financial technology platforms and those linked to digital assets.
The regulations,…
Countries where cryptocurrencies are tax-exempt
Cryptocurrencies are an asset that continues to gain traction in the global market. By 2025, there will be five countries where these assets will be tax-free: El Salvador, the Cayman Islands, the United Arab Emirates, and Germany.
This…
Key crypto regulation laws in the US could be ready in September
The United States approved a new legal timeline that could lead to the passage of the Clarity and Genius Acts, the crypto market structure and stablecoin laws, respectively, in September of this year.
This was indicated by White House…
Bitcoin is officially a mortgage asset in the United States
The Federal Housing Finance Agency (FHFA) announced last Friday, June 27, that bitcoin and other cryptocurrencies will be eligible for mortgage-backed securities, following President Donald Trump's favorable stance toward digital…
Cryptocurrencies are the option for migrant remittances
Migrants who are unbanked in their host country in Latin America due to lack of residence permits and other irregularities have found in cryptocurrencies a way to send remittances to their loved ones without restrictions.
An ally in the…
Norway considers suspending crypto mining due to high power consumption
The high power consumption of cryptocurrency mining in Norway has led the government to consider a temporary ban on the activity.
Due to the impact of crypto mining on the energy sector, the government will start an extensive investigation…