Blockchain DXB: 🔴 07th April 🔴 💡Global trade war = BTC wins 🚀SEC: Some Stablecoins Not Securities 💡PayPal and Venmo Add Solana and Chainlink? ⚡Peer-to-Peer Stablecoin P2P.me
Blockchain DXB
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07th April: Blockchain DXB) podcast🎙️
💡Global trade war = BTC wins 🚀SEC: Some Stablecoins Not Securities 💡PayPal) and Venmo) Add Solana and Chainlink? ⚡Peer-to-Peer Stablecoin P2P.me
💯Global Trade War a win for Bitcoin & Crypto🚀
💡 Jim Cramer) is predicting a 1987-style market crash on Monday, which likely means it's actually time to buy since his calls famously age like milk. get ready for a market BOOM on Monday
🚨 President Donald Trump posted via Truth Social innovated by President Donald J. Trump) on 04/04/25 This would be a PERFECT time for Federal Reserve Board) Chairman Jerome Powell to cut Interest Rates.
📊 Economic Data released on 4th April via the Bureau of Labor Statistics) clearly indicates Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2% Official economic data here https://shorturl.at/RWmI4)
🎙️ Check out the Blockchain DXB) episode we share our commentary on this & more
💯 Statement on Stablecoins by by the President’s Working Group on Financial Markets (PWG), joined by the FDIC and OCC can be found here https://shorturl.at/jqK9l)
The document acknowledges that some stablecoins may not be securities. Specifically, it says that whether a stablecoin is a security depends on its structure and characteristics, and not all stablecoins necessarily fall under securities laws. This means some may instead be regulated under other frameworks, like banking or commodities laws.
The report highlights the rapid growth of stablecoins and their potential to support faster, more efficient payments. However, it raises concerns about risks to users and the financial system, such as loss of value, operational failures, and systemic issues. To address these, the PWG recommends that Congress pass legislation requiring:
🚨Until legislation is enacted, regulators will use existing tools to oversee stablecoin-related activities.
💡PayPal) and Venmo) will soon let users buy, sell, hold, and transfer Solana (SOL) and Chainlink (LINK), expanding beyond Bitcoin and Ethereum. This move reflects PayPal’s growing support for crypto and user demand for more options. The rollout will happen in the coming weeks. Article via Decrypt) https://shorturl.at/EazFX) It dose not provide any official sources!
🚨 P2P.me, a crypto-to-fiat app, raised $2M from Multicoin Capital) and Coinbase) Ventures. It lets users pay with stablecoins via a network of middlemen, bypassing traditional banks and using QR codes. The app prioritizes privacy with zero-knowledge proofs instead of storing personal data. It's processed $1.6M in payments across Indonesia, Nigeria, and Vietnam, and plans to expand into Latin America. CoinDesk) here https://shorturl.at/q2IgW )
🟠 Two UAE news (See sides)
⚡ Kazakh Financial Authorities Deepen Strategic Ties with UAE to Advance FinTech, Investment, and Capital Market Development
⚡ Zoom) Uses Oracle) Cloud Infrastructure to Power its AI-first Work Platform in Saudi Arabia
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