Author: Sergio Goschenko

The actions would have been taken due to the high risk linked to lending services to these startups. Blindpay, one of the stablecoin startups affected, operates in Latin American countries, while Kontigo is focused on the Venezuelan market. JPMorgan Freezes Accounts From Stablecoin Startups Kontigo and Blindpay Stablecoin neobanks are once again under scrutiny by

The Central Bank of Brazil will issue a comprehensive new provision mandating that Virtual Asset Service Providers report specific required data, precisely defining the information these companies must disclose. The new regulatory instruction aims to standardize compliance mechanisms for the emerging digital asset sector, with the ruleset taking effect in February…

A recent report by the Blockchain Research Lab examines the advantages of tokenized gold versus current leveraged paper gold platforms, predicting that tokenization will prompt gold investors to exit the legacy system and destabilize global gold institutions. Tokenized Gold to Cause Liquidity Crisis as Investors Shift The Facts A recent report by the Blockchain Research

Artemis, a blockchain analytics platform, stressed that while several issuers tried to make inroads in the non-USD stablecoin market, they have failed to dent the dollar hegemony in the asset class. Nonetheless, euro stablecoins have shown consistent growth. Artemis: Non-USD Stablecoins Are Virtually Non-Existent, Euro Stablecoins Show Consistent Growth The Facts Data from Artemis…

A draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also accuses the bank of effectively creating new taxes by classifying stablecoin movements as equivalent to foreign-currency transactions. New Draft Law States Brazil’s Central Bank Exceeded Its Authority With