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LATAM stablecoin liquidity may depend on few providers, investor says

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Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.

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Illinois will postpone implementation of crypto tax following lawsuit

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State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.

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NEAR Intents suffers $3.8M exploit after assistance with Bitget breach

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The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.

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Coin Market

Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs

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US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.

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