Author: Sergio Goschenko

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

While many were expecting bitcoin prices to blow up during October, as they had during the previous seven years, BTC failed to follow through. Although the leading cryptocurrency reached record highs, it also fell as low as $104K, enduring one of its harshest liquidation events. ‘Uptober’ Trend Demolished: Bitcoin Closes October With Losses The Facts

Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina…

Gita Gopinath, former IMF Chief Economist, warns about the sudden rise of the U.S. stock market and the surge of an unavoidable correction, which could have catastrophic effects on the global economy. She estimates that losses could amount to over $35 trillion. Former IMF Chief Gopinath: Next Financial Crash Could Wipe $35T From Global Economies