Spanish bank BBVA announced that it is working on its own stablecoin with the support of credit card issuer Visa.
According to Francisco Maroto, head of digital assets and blockchain, the bank is ready to join the stablecoin market, although it is not yet known “if the asset will be backed by…
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cryptocurrencies
Criminals prefer cash to cryptocurrencies for scams
A study by the Crypto ISAC platform has revealed the preference of criminals for cash for their misdeeds over cryptocurrencies.
Cash leaves no digital footprint, making it almost impossible to detect illicit transactions. Hence, it is the…
Bitcoin price could hit all-time high in October
The upward trend in the price of bitcoin during the month of September could extend to reach an all-time high in the month of October, according to cryptocurrency market analysts.
Normally, the ninth month of the year has been favorable…
External factors could influence the rise in the price of bitcoin
A recent report by 10xResearch analyzes the factors that may influence a sustained increase in the price of bitcoin, the main cryptocurrency in the market.
According to Markus Thielen, founder of said platform, there is a key focus on the…
Four Latin American nations lead cryptocurrency adoption
Four Latin American countries lead the adoption of cryptocurrencies in the region according to the “2024 Geography of Cryptocurrency Report” published by Chainalysis. These countries are Brazil, Argentina, Mexico and Venezuela.
The…
Binance founder to be released from prison on September 29
Former Binance CEO and co-founder Changpeng Zhao will be released on September 29, after serving a four-month prison sentence in a US jail.
According to the US Federal Bureau of Prisons website, Zhao, known as “CZ,” will soon be released…
Bitcoin ATMs involved in fraud have been deactivated
Law enforcement authorities worldwide are searching for Bitcoin ATMs involved in fraud and scams to deactivate them. As a consequence, more than 600 BTC ATMs have disappeared in two months.
According to data from Coin ATM Radar, “the…
Political-themed tokens outperform memecoins
Recent data on the crypto market details a 780 % increase in politically themed tokens over memecoins and cryptocurrencies in general.
The details were collected in a CoinGecko report on PolitiFi coins, where they indicate that they have…
Mercado Libre launches stablecoin for Mercado Pago users in Brazil
The Mercado Libre company announced the launch for Mercado Pago customers in Brazil of its Meli Dólar cryptocurrency that acts as a stablecoin and its peg is anchored to the US dollar.
With this launch, clients in Brazil have the…
China’s Supreme Court amended anti-money laundering law to include cryptocurrencies
Through a modification to the anti-money laundering laws in China, the Supreme Court adjusted the interpretation of said legal instruments to include cryptocurrencies.
The measure comes in response to the increase in legal cases due to the…
Italy’s Banca Sella will allow clients to trade Bitcoin
Italy's second-largest bank, Banca Sella, announced that it is testing the buying and selling of Bitcoin on a select group of customers through its official app, Hype.
According to reports, the bank hopes that once the tests are completed,…
Dubai recognized cryptocurrencies as valid salary payment
In a change of position towards cryptocurrencies, the Dubai Court of First Instance has recognized these digital assets as means of payment for salaries.
With this decision, the judicial body shows a shift towards a progressive change with…