Crypto News
Argentine Stablecoin Markets Soar After Announcement Ending Currency Controls
Stablecoin trading volumes skyrocketed following the confirmation of the end of currency control measures in Argentine markets. Local exchanges reported a 100% increase in trading volumes, initially driven by selling trends. However, by Saturday, buyers had taken control, leading to rising exchange rates. Argentine Stablecoin Trading Volumes Blow up as Currency Controls Get Lifted TheSource link
Bitpanda Secures MiCAR License From Austria’s FMA, Further Strengthening European Position
Bitpanda has announced that it has become the first major cryptocurrency exchange to secure the Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA). This achievement marks Bitpanda’s third MiCAR license, following similar approvals in Germany and Malta, further solidifying its position as a leader in regulatory compliance within the European cryptoSource link
Argentina Scores $20 Billion Key IMF Credit Facility, Terminates Currency Controls
The government of Argentina has finalized a deal with the IMF for a 48-month credit facility worth $20 billion to support the ongoing macroeconomic stabilization of the nation’s economy. President Javier Milei also announced the end of long-standing currency controls. Argentina Gets $20 Billion Credit From IMF, Lifts Currency Controls The government of Argentina hasSource link
Ethereum Co-Founder Vitalik Buterin Proposes a ‘Maximally Simple’ L1 Privacy Roadmap
Ethereum co-founder Vitalik Buterin has proposed a “maximally simple” Layer 1 (L1) privacy roadmap aimed at enhancing user privacy on the Ethereum network with minimal changes to its consensus mechanism. The roadmap outlines four key areas of focus: ensuring privacy for onchain payments, achieving partial anonymization of onchain activity within applications, securing privacy for readsSource link
The Fight for Democratized AI: Tech CEO Calls out Big Tech Tactics
Travis Good, co-founder and CEO of Ambient, warns about the dangers of closed-source artificial intelligence, emphasizing its lack of transparency and auditability as a threat to independent information sources and user autonomy. Closed-Source AI Threatens Independent Content Creators In a stark warning about the future of information access, Travis Good, co-founder and CEO of Ambient,Source link