Crypto News

Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Libra’s founders face a class action lawsuit, a bitcoin wages bill is introduced in the Brazilian Congress, and a Venezuelan minister claims that 25% of international trade can be settledSource link

Tether Eyes Big Four Audit as Trump Urges Stablecoin Regulations, Reuters Reports

Tether, the world’s largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether’s CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion. Tether Listens toTrump’s ASAP Stablecoin Mandate in Pursuit of Big FourSource link

Sparks Fly at First-Ever SEC Crypto Roundtable

Crypto skeptics and advocates went head-to-head in a legal debate that sought to determine the SEC’s role in crypto regulation. First-Ever SEC Crypto Roundtable Ignites Passionate Discussions on Regulation The U.S. Securities and Exchange Commission (SEC) hosted its first-ever crypto roundtable on Friday, pitting critics and proponents of digital assets in a sometimes-contentious debate focusedSource link

Ripple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat

A Polymarket wager amassing $54,666 in trading volume suggests an 87% likelihood that a spot XRP exchange-traded fund (ETF) will secure regulatory approval by 2025. XRP ETF Mania Hits 87% Confidence: Polymarket Traders Bet Big on 2025 Approval In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoinSource link

This Week in Crypto Games: Jurassic World in ‘The Sandbox’, Telegram Gets ‘Not Games’

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.Source link