Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
News

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project

Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. […] Source: https://news.bitcoin.com/latams-giant-mercado-libre-announces-expansion-of-its-stablecoin-project/

UN Chief: Unregulated AI Threatens Democratic Systems
News

UN Chief: Unregulated AI Threatens Democratic Systems

UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential benefits, including enhanced public participation and equality, but emphasized the need for international cooperation to mitigate risks. UN […] Source: https://news.bitcoin.com/un-chief-unregulated-ai-threatens-democratic-systems/

News

SEC commissioners slam agency after $750K FlyFish Club NFT settlement

SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment. Source: https://cointelegraph.com/news/two-sec-commissioners-slam-agencies-nft-settlement-flyfish-club?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

News

Donald Trump silent on crypto project details, team unveils token

Donald Trump didn’t share any details about his family’s new crypto platform during his 45-minute talk on X, but the team later revealed that a token would be launched. Source: https://cointelegraph.com/news/trump-no-details-world-liberty-financial-team-shares-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
News

Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles

Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners, to address these issues. Russia Faces Cross-Border Payment Issues Amid Declining Trade Russian Central Bank Governor Elvira […] Source: https://news.bitcoin.com/russian-central-bank-eyes-digital-currency-to-overcome-cross-border-payment-obstacles/

‘Digital Real Estate’? Eric Trump Further Teases Cryptic Crypto Project
News

Donald Trump Launches World Liberty Financial, Team Unveils Token Details

Just one day after surviving a second assassination attempt, Donald Trump today launched his long-rumored crypto project, World Liberty Financial. Though much about the project remains unclear, the team behind World Liberty Financial unveiled previously unconfirmed details during a live interview with Rug Radio, Decrypt’s sister company. The project will offer borrowing and lending services for cryptocurrencies on the Ethereum…

Continue Reading

Trump Credits Success of His NFTs for Change of Heart on Bitcoin and Crypto
News

Trump Credits Success of His NFTs for Change of Heart on Bitcoin and Crypto

During Monday’s World Liberty Financial launch event hosted by Decrypt’s sister company Rug Radio, former U.S. President Donald Trump credited the excitement over his own branded NFT projects with his change of heart towards cryptocurrency. As the Republican candidate for president explained, Trump saw that the majority of his NFT trading cards minted on Ethereum scaling network Polygon were being…

Continue Reading