Crypto Space

Bitcoin and cryptocurrencies have become a $2 trillion asset class in a little over a decade, showing that they hold the potential to disrupt the legacy banking system.  However, cryptocurrencies can't seem to shake their reputation as the "wild west," a lawless space riddled with scams that lacks any regulatory oversight.   That said, things could soon change as a growing appetite from institutional investors applies pressure on regulators to accept crypto as a viable financial system. This guide examines why…

Financial regulators, commonly referred to as watchdogs, are systems set nationally and internationally to help control and ensure the financial world is reliable. It's the fundamental duty of these watchdogs to develop policies that help in protecting the citizens from any financial dangers. Globally, watchdogs, including SEC, FCA, among others, have always sought to regulate crypto. However, there's one problem: cryptos were never supposed to be a regulated entity.  In the past years, many top financial analysts have demanded more…

USD Coin is considered the second most lucrative stablecoins in the crypto world. It introduced the crypto world to the idea of the USD coin in early May 2018, but the coin itself was launched in September of the same year. Being a stablecoin, the USD coin is backed by the USD currency in the bank accounts.  In 2021, the USD coin has been increasing vastly in adoption, and the trading volumes have been growing vastly recently. Its growth has…

Landon Cassill, an American professional stock car racing driver, has partnered with Voyager Digital Ltd., a crypto asset platform. Cassil has supported the cryptocurrency system; he has traded, bought, held, and even gone to mining it. The partnership will allow him to receive payment in crypto for the rest of the 2021 NASCAR Xfinity Series season. In addition, the No. 4 Chevy will feature a Voyager paint scheme in Saturday's Tennessee Lottery 250 at Nashville Superspeedway. Building a Network in…

You all remember the stablecoins hype back in 2020? You would have mistaken it for a new concept in the crypto space, but stablecoins have been here for a while. Tether, one of the earliest stablecoins, was launched back in 2015. The stablecoin concept is an idea aimed at addressing the volatility of cryptocurrencies. So basically, stablecoins are cryptocurrencies pegged to a conventional asset. Formerly known as Libra, Diem is a stablecoin co-championed by the social network giant Facebook. The…