Market focus

Once again, our prediction comes true: financial regulators have rapidly increased the pressure on stablecoins. More so than cryptocurrencies in general, they view them as the main competitor to fiat money today. On September 20, speaking to a Washington Post columnist (https://www.washingtonpost.com/washington-post-live/2021/09/21/path-forward-cryptocurrency-with-gary-gensler-us-securities-exchange- commission-chair /), chair of the US Securities and Exchange Commission (SEC) Gary Gensler…

The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem, writes Anirudh Tiwari on Cointelegraph. The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft, and Nintendo, among others. Throughout their history, these major firms have aimed…

Governments in Asia are quickly researching or implementing CBDCs. What this means for the region’s overdependence on the U.S. dollar Jinia Shawdagor is studying on Cointelegraph. The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions…

Cryptocurrencies are known for their volatility, while developing countries have infamously unstable economies. But when the former is combined with the latter, it surprisingly leads to both stability and economic growth. Among the reasons for the popularity of cryptocurrencies in developing countries is the chance they give to raise your standard of living (and maybe…

Breaking crypto news from the last week (Oct. 9 – 15, 2021): 09 Oct.: The Biden administration is reportedly planning a wide range of crypto oversight and might issue an executive order for the agencies regarding it. The Executive order might be aiming to combat the growing threat of ransomware attacks like the Colonial Pipeline…

Cryptocurrencies are known for their volatility, while developing countries have infamously unstable economies. But when the former is combined with the latter, it surprisingly leads to both stability and economic growth. People in the EU or North America, citizens of countries that set the global agenda, for the most part, still look at cryptocurrencies with…