🟢 #Financial #Stability #Board to #Extend Its Work on #Stablecoin #Risks in #Emerging and #Developing #Economies
The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.

🟢 The report surveyed more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia and India.
#Stablecoins #Increasingly Used for #Savings, #Payments in #Emerging #Countries, but #Crypto #Trading #Still #Leads: #Report - #bitcoin #btc #eth #crypto

🟢 DePIN node sales are not like ICOs or even token sales. They are more like a market stall or “micro franchise programs” for the emerging markets. DePIN networks have potential to be a prodigious driver of tech-centered economic development, says Huddle01 founder, Ayush Ranjan.
#DePIN #Promises #Small #Business #Innovation in #Emerging #Markets - #bitcoin #btc #eth #crypto

🟢 The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.
#Tether #Group to #Establish #Headquarters in El #Salvador in #Emerging #Markets Push - #bitcoin #btc #eth #crypto

🟢 The SOL price has slumped against both the dollar and ether.
#LIBRA #Apparent Rug Pull Is #Latest #'Sordid #Episode' #Emerging From #Solana's #Memecoin #Complex: #Galaxy - #bitcoin #btc #eth #crypto

🟢 PLUS: Institutional Ethereum staking might drive ETH’s next rally
Asia #Morning #Briefing: BTC #Slips #Below #$110K as #'Signs of #Fatigue' #Emerging - #bitcoin #btc #eth #crypto