Gold Slides 0.7% as DXY Holds Near 99.32 and 10-Year Yields Push Toward 4.6%
Gold traded near $4,509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Gold Faced…
Libra Trust Prepares to Distribute Controversial Crypto Millions to Argentine Companies
Over a year after the token’s demise, the Libra Trust has arranged a strategy to fund nearly 71 companies that have applied for this support. The Trust has close to…
Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Coinbase co-founder Fred Ersham considers investing in Venezuela,…
Stablecoins Reach $321B Market Cap as $1B Inflows Lift Sector to New High
Following a week marked by an absence of both inflows and outflows, the stablecoin economy recorded $1.08 billion in inflows from April 26 through May 3. Data further indicates that,…
Latam Insights: Brazil Bans Crypto Transfers as Meta Launches USDC Payouts
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil’s central bank issues a resolution banning the…
Brazil Bans Crypto in Cross-Border Payments
The Central Bank of Brazil published Resolution No. 561, which imposed a blanket ban on the use of cryptocurrency assets, such as bitcoin and stablecoins, for entities providing international payment…
Kenyan Central Bank Moves to Vet VASP Applications With 4 Hires
The Central Bank of Kenya is reportedly actively recruiting for its first-ever dedicated virtual asset service provider supervision team. Key Takeaways: CBK opened recruitment for 4 VASP oversight roles following…
New Anchorage Digital Partnership With M0 Targets Growing Stablecoin Market
Anchorage Digital, the federally chartered crypto bank, has announced a strategic partnership with M0 to provide a unified infrastructure for the next generation of stablecoin issuers. Key Takeaways: Anchorage Digital…
Celsius Founder Alex Mashinsky Faces $4.72B FTC Judgment, Gets Lifetime Ban From Crypto
A federal judge this week entered a $4.72 billion judgment against Alex Mashinsky, the founder and former CEO of collapsed crypto lending platform Celsius Network, while permanently banning him from…
Latam Insights: Brazil Bans Predictions Markets, Report Highlights Region’s Mining Potential
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil issues a blanket ban on non-financial prediction…