“Los mercados como América Latina se lanzarán al uso de monedas estables, las cuales son perfectas para las remesas”, dijo a CoinDesk Mohamed Elkastassi, director de Estrategia de Tribal Credit. Atadas a alguna moneda fiduciaria, las stablecoins eliminan los riesgos de la volatilidad de los precios al tiempo que ofrecen beneficios de las criptomonedas, como la velocidad y tarifas más bajas. Source
Panamanian Congressman Gabriel Silva – the sponsor of a bill passed on Thursday regulating the use of cryptocurrencies in the country – said the bill doesn’t allow for any crypto to become legal tender, but makes possible free use of crypto as a means of payment for any transaction. Source
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Chicago-based company Athena Bitcoin deployed bitcoin ATMs a week after El Salvador’s president legalized bitcoin as legal tender. Original
Bitcoin launched as a purely peer-to-peer version of electronic cash, inspiring the rise of other cryptocurrency payment options: Here is what the data shows. Source
The cryptocurrency market has experienced another rollercoaster week that saw Ether (ETH) price drop below $3,000 and Bitcoin (BTC) price hit a new multi-month low at $37,700. Equities markets also endured a sharp sell-off primarily due to investor fear over potential changes to the size of the Federal Reserve’s next rate hike. To date, Bitcoin price fell 41.72% down from its $69,000 all-time high and while the price might be in what some describe to be a bear market, a deeper dive into various on-chain and derivatives data shows that…
Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent video published by Zcash Media explains that Edward Snowden was one of the six people who helped launch Zcash on October 23, 2016. According to the video, the six individuals did not know who the…
Lawmakers in Panama have passed a bill that will regulate cryptocurrencies, including Bitcoin, in the Latin American country. In a Thursday tweet, Panamanian pro-crypto congressperson Gabriel Silva said lawmakers had approved the “Panama Crypto Law” following a third debate. According to Silva, the law will “help Panama become a hub of innovation and technology in Latin America.” According to Panama’s National Assembly, the Crypto Law is aimed at regulating “the trading and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other assets, payment…
U.S. Representatives Glenn Thompson (R-Pa.) and Ro Khanna (D-Calif.) reintroduced the Digital Commodity Exchange Act Thursday, which would create a comprehensive national framework for digital assets and give the Commodity Futures Trading Commission a greater role in overseeing the sector. Source
How Human-Centered Design Can Fix Crypto Payments Source