Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Stablecoins on the Limelight
Stablecoins on the Limelight as New Crypto Regulations Near Introduction
Crypto regulation was back in the headlines this week, with regulators within the U.S. and worldwide looking at stablecoins and debating potential policies to govern this type of cryptocurrency. The regulations which will come to light soon could influence the accountability issuers must provide and the rights of their customers. Potential regulations could reduce the threat that stablecoins pose a systemic risk to the financial system – or they could make the situation worse. Fed not a Fan of Cryptos…
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