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Southeast Asia Shows Strong Interest in “Degen” Crypto Tokens

Fintech News

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update from crypto resource platform CoinGecko. of global interest in smaller market capitalisation crypto on onchain DEX trackers.”

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Bitcoin Daily: CoinDesk Acquires Crypto Index TradeBlock; Bitcoin.com Co-Founder Sues Bridge.link For Misleading Investors

PYMNTS

CoinDesk has acquired digital asset index TradeBlock , the cryptocurrency news platform announced in a press release Tuesday (Jan. TradeBlock provides price references, customizable algorithms and other cryptocurrency data. Coin market cap aggregators show a much larger BRG supply than there actually is. trillion market cap.

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Less Than 1 in 10 Firms Are Fully Prepared for MiCA With 25% Having Made No Preparations

The Fintech Times

MiCA represents one of the first comprehensive regulatory frameworks for crypto trading to be developed in a major financial jurisdiction, and its adoption will increase requirements for market participants in a range of areas. However, MiCA also introduces caps on the amount of stablecoin transactions that can occur within a set period.

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Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency. City Council Weighs In On Ridesharing Debate With Cap.

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Uphold Powers Cryptocurrency Payroll

PYMNTS

In the developed world of workers in the United States and Europe, the ability to be paid in cryptocurrency probably would not add all that much to their daily life. Bitwage, as a platform, specializes in paying workers in cryptocurrency – originally bitcoin , but eventually Ethereum as well. A Natural Evolution.

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Stablecoins in Asia Are Stably Reducing Dependency on USD

Fintech News

dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. Operating on Ethereum and other blockchain networks, XSGD boasts a market cap exceeding $18 million. With a market cap of $4.8 Traditionally, U.S. It serves as a stablecoin for international trade involving Chinese businesses.

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PayPal Bails On Libra Crypto Project

PYMNTS

As has been reported, the Libra Association was, until Friday, comprised of the 28 companies had been backing the development and ultimate deployment of the cryptocurrency known as Libra. The PayPal exit caps a week where the payments firm, along with Visa and Mastercard, had been rumored to be wavering in their support for the project.

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