Month: September 2024

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 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/

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/

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…

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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…

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BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools by Western powers. The Russian official noted increasing interest in these platforms as a way […] Source: https://news.bitcoin.com/brics-payment-platforms-gain-momentum-as-us-dollar-alternatives-says-russian-official/