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Tether CEO Paul Ardoino criticized the United States for being slow to develop cryptocurrency regulations and suggested progress could be made after the election. Speaking at yesterday’s DC Fintech Week conference, Ardoino expressed concern about the current US stance on cryptocurrency regulation. “There is no country like the United States,” he said, stressing that the country has traditionally been a leader in technological advancement. But he said, “This is the first time in history that we’ve seen the United States drop the ball” when it comes to its handling of crypto policy. The U.S. crypto industry is calling for regulations…

Crypto Income Revolution 2024: How Hamster Kombat, OMERTA and BlockDAG are becoming big earnersThe blockchain gaming landscape is rapidly evolving to include immersive experiences intertwined with decentralized rewards. Hamster Kombat goes beyond the original game model by enhancing the game model with a new CEO role, allowing players to run their own game studios and produce major games. OMERTA integrates high-quality games with blockchain technology to enable real asset ownership and attract a wide audience of gamers and cryptocurrency enthusiasts. BlockDAG (BDAG)’s TG Miner offers a playful yet lucrative way to earn BDAG coins and is showing increasing popularity following…

ONDO, a popular cryptocurrency in the Real World Asset (RWA) tokenization industry, fell for the third day in a row despite continued strength in its ecosystem. It has retreated from this week’s high of US$0.8357 to the 50-day moving average of US$0.7328. It has fallen 51% from this year’s highest level. Ondo Finance’s USDY stablecoin was the fastest growing stablecoin in the third quarter, according to a report by Artemis. The growth rate was 118%, much higher than 79% for PayPal’s PYUSD stablecoin. Other top performers were IDRT, UXP, and EURC, which increased by more than 61%. Guess whose wealth…

Trump Media and Technology Group stock (DJT) was in early trading Wednesday as investors bet on former President Donald Trump’s chances of winning the November election in two weeks. It increased by more than 4%, widening the range of increase. The move comes after the stock hit its highest since July on Tuesday, with shares closing up nearly 10%. Other Trump-related stocks also moved in tandem with DJT, with mobile advertising software company Punware (PHUN), which has ties to the former president, soaring about 20% on Wednesday after rising more than 40% in the previous session. Conservative-leaning video platform Rumble…

Important points Stablecoins reduce costs and settlement times in global transactions. The “stablecoin sandwich” model has been used effectively for remittances between the United States and Mexico. Share this article Visa and PayPal executives made the case for widespread adoption of stablecoins during a panel discussion at the DC FinTech Week Forum earlier today.Cuy Sheffield, Head of Crypto at Visa, and Jose Fernandez da Ponte, CEO of PayPal Digital, explore the transformative potential of stablecoins in streamlining cross-border transactions and reshaping global payments. I emphasized.The conversation centered on how stablecoins, once used primarily for cryptocurrency transactions, are now becoming essential…

advertisement Cross-border payments provider Ripple Inc. is facing procedural hurdles in its latest appeal by U.S. regulators in a protracted legal drama after it missed a key filing deadline. On October 22, the Second Circuit Court of Appeals issued a notice of default in SEC v. Ripple. The notice clarified that the court has not received an authorization to appear and a notice to appear from Ripple’s legal team, which is due by October 18, 2024. Ripple was given a 14-day extension to submit the necessary documents. If the company’s lawyers fail to meet this new deadline, they may not…

Important points The UK is close to introducing stablecoin legislation, according to Circle’s head of policy. The Stablecoin Regulation aims to bring the UK into compliance with the EU’s MiCa standards. Share this article Dante Disparte, Head of Global Policy at Circle, said in a recent interview with CNBC that the UK government will soon introduce legislation aimed at regulating stablecoins. He suggested formal legislation would be enacted “within months, not years.”Disparte said the government’s cautious approach could have been beneficial in light of scandalous crypto incidents such as the FTX scandal and the collapse of TerraUSD (UST), but he…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. The Dogecoin community is buzzing with anticipation as the dog-themed cryptocurrency prepares to roll out a significant update…

Bitcoin, Ethereum, and XRP fell nearly 2% as expectations for the upcoming US presidential election rose. Chainlink and SWIFT announce blockchain integration to simplify payments for financial institutions. Ripple and IBM will collaborate for secure storage of tokens on the company’s crypto trading platform. Bitcoin, Ethereum, XRP updates Bitcoin was trading at $66,476 early Wednesday morning. As the end of the month approaches, the largest cryptocurrency is nearly 11% away from its all-time high of $73,777. Historically, BTC has ended October on a positive note, with month-over-month gains for holders. Ethereum traded at $2,575 on the day, down nearly 2%.…

Ripple CEO Brad Garlinghouse goes public with pro-crypto lawyer John Deaton’s campaign to oust Sen. Elizabeth Warren and become Massachusetts’ next senator. I supported it.On October 22, Garlinghouse said he supported Deaton “passionately and wholeheartedly,” praising the attorney for being a tireless advocate for XRP and the broader crypto industry.Deaton’s supportRipple’s CEO also criticized Senator Warren for spreading misinformation about cryptocurrencies, saying:“Deaton has been a relentless defender of the XRP Army (a.k.a. Ta.”In her post, Garlinghouse encouraged her supporters to donate to Deaton’s campaign and vote for him in the upcoming Senate election.Garlinghouse’s endorsement is not surprising, given that Deaton…