🚨 #PayPal confirms it is looking into developing a #stablecoin, which would compete directly with USDT & USDC 🌋👀

https://decrypt.co/90009/paypal-says-exploring-stablecoin

🚨#DCNARMY FLASH NEWS ⚡️

What else has happened last week in the #crypto market, GLOBALLY?👀😬

It’s all here boiiii 🛸⬇️

• European Central Bank,(#ECB) has revealed 10% of households in the Euro zone hold #cryptocurrencies 🇪🇺

• Decentralized ticket and hotel booking platform #XcelTrip partners with SHIB to enable #crypto payments for travel 🛫

• The #Stellar Foundation will join and partner with #crypto exchange, #MercadoBitcoin to ramp development in #CBDCs & #stablecoin study 📚

• Formula 1 #McLaren driver, Daniel Riccardio now becomes global ambassador of #OKX crypto exchange 🏎

• Blockchain Analytics startup, #Elliptic announced #JPMorgan has joined its roster of investors for a total of $60 million fundraise 🧬

• #Binance has received approval to operate in #Italy. Expand their local teams and offer #crypto services locally 🇮🇹

• #Polygon adds support for #USDT stablecoin services by Tether. With over 19,000 decentralized application on the network users can now move money in and out through #USDT💰

“ It’s not always about price, pay attention to the whole industry “ - DCN

🚨#Japan, a powerful economy in the far east has passed a law recognizing what is a #stablecoin? How it keeps its value? In an attempt to restore trust in #crypto following the #UST collapse. 🇯🇵⬇️

https://www.coindesk.com/policy/2022/06/03/japan-passes-landmark-stablecoin-bill-for-investor-protection-report/

🚨The global financial watchdog, (FSB) Financial Stability Board including all G20 countries will bring together expertise in an attempt on establishing #crypto laws and #stablecoin regulations 😳⬇️

As early as THIS October! 👀

https://cointelegraph.com/news/g20-regulator-to-present-global-crypto-rules-in-october-2022