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Bridge, Stripe’s stablecoin payments network, will power the company’s new product — something it says it has wanted to build for nearly a decade. Stripe, a global payments platform, is building a new US dollar stablecoin product for companies based outside the United States, the United Kingdom and Europe in a move that may further…
” Stellar joins CFTC’s Global Markets Advisory Committee as one of four crypto orgs “ The Stellar Development Foundation (SDF) has become the newest member of the United States Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC), the blockchain announced on its blog. The committee is preparing to meet on Feb. 13 for…
” Bank of India report calls for regulatory coordination on crypto market challenges “ The Reserve Bank of India (RBI) has appealed to the country’s presidency of the G20 group of the world’s largest economies as a pulpit to call for the development of a global regulatory framework for crypto assets. In its latest financial…
” World population reaches 8 billion, but how many are in crypto? “ The global population figure has just reached a huge milestone, with 8 billion souls now sharing the planet. Meanwhile, crypto adoption continues to grow. According to Worldometer, which draws estimates from a 2022 United Nations report, the global population ticked over 8…
” Net Bitcoin ATMs growth drops globally for the first time ever “ The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the first time in history — primarily driven by a slowdown in the United States. The…
” 11% of US insurers invest — or are interested in investing — in crypto “ United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial and chief investment officers regarding their firm’s asset allocations and portfolios. The investment banking giant recently released its…
” The more you know about Bitcoin, the more optimistic you are: Block survey “ A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC). Block surveyed more than 9,500 people from the…
“# SBF ‘optimistic’ about institutional crypto adoption in 2022 ” FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and subsequent years. In a Jan. 3 interview with Bloomberg, SBF talked about crypto regulations, institutional adoption, and the Metaverse. Despite…
“# Bitcoin burgernomics: This is how many Big Macs you can buy with 1 BTC ” Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation. The global Bitcoin purchasing power index, or PPI, which measures how…