New IMF report calls crypto a ‘threat to global economy’

The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption.

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Moneygram partners with Stellar (XLM) after Ripple snub last year

One of the world’s largest money transfer services, MoneyGram International, recently announced stepping into a partnership with Stellar Development Foundation, a non-profit organization that supports the development of the Stellar (XLM) blockchain.

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MoneyGram announces partnership with Stellar to launch USDC settlements

MoneyGram International, Inc., one of the world’s largest money transfer services, is currently trending, especially within the crypto-community after a recent collaboration with the Stellar Foundation. International remittance service MoneyGram …

Here’s how the BIS wants to ‘standardize’ the stablecoin industry

Stablecoins have been under a lot of regulatory scrutiny off late, largely due to unclarified laws around the world. In response to this upheaval, the Bank of International Settlements (BIS) has released a paper proposing regulatory standards and incre…

Bitcoin: Why re-testing $64,000 is a better prospect now

With the price of Bitcoin oscillating close to $50,000 yet again, the question remains if bullish momentum would finally allow another re-test of its all-time high. With respect to its support levels, Bitcoin has immediate strength at $47,200, which is…