The Bank for International Settlements states that US dollar stablecoins are not affected by capital controls
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The Bank for International Settlements (BIS) has stated that US dollar stablecoins are largely unaffected by capital controls, and there is a risk of weakening the sovereignty of emerging market currencies. (Cointelegraph)
According to River's data, the number of people holding Bitcoin in the United States is 49.6 million, and the number of people holding gold is 28.8 million. (Cointelegraph)
Cardano founder Charles Hoskinson stated that AI driven attacks pose a significant threat to all software and have extended beyond the realm of cryptocurrency. (CoinDesk)
According to The Block, Canton blockchain network developer Digital Asset has received $10 million in investment from New Korea Financial Group and SC Ventures, increasing its total financing to $365 million. Digital Asset's Canton Network is an enterprise level blockchain interoperability protocol aimed at achieving privacy protection and controllable sharing of assets between different institutions.
Coinbase CEO Brian Armstrong has called on the US Congress to immediately pass the Bitcoin and Crypto Clarity Act and stated that without regulatory clarity, Coinbase will shift its business overseas. (The Bitcoin Historian)