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Stablecoins are tokens whose prices are anchored to legal tender (basically the US dollar). Their essence is a set of standardized smart contracts. Stablecoins are not legal tender, let alone CBDC (central digital currency).
At the Digital Asset Summit on March 19, Senator Cynthia Lummis (R-WY) claimed that the previous Biden administration may have sold a significant portion of the United States’ confiscated Bitcoin holdings.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
A surge in Japanese bond yields, coupled with geopolitical and economic uncertainties, is fueling concerns among traders that BTC could face a significant correction.
After ordering a bitcoin reserve, the president ushered crypto CEOs into the White House today to tell them their era of U.S. government resistance to crypto is over.