Cryptocurrency payment processor BitPay has added support for Gemini Dollars (GUSD) and Circle USD Coin (USDC). With the addition, merchants can now choose to accept payments pegged on the two Stablecoin in addition to other Altcoins.
Unicorn’s crypto ATM will support buying/selling of five cryptocurrencies: Bitcoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and Litecoin.
The regulator noted that they would be developing a new framework with a careful approach to deal with the “new technology”.
Tether credentials as a reliable dollar substitute in the cryptocurrency marketplace, is in jeopardy. For the longest time, the altcoin has billed itself as a Stablecoin, pegged on the dollar.
The crypto market is still full of potential in the last quarter of 2018. However, the number of initial coin offerings (ICOs) has seen a decline over the past months.
By next month, South Korean lawmakers and regulatory agencies are likely to unveil the country’s official stand on fundraising through ICOs.
The chairman said that his agency believes the “do no harm” approach and is willing to see more innovation in the country’s blockchain sector.
The main purpose of the sidechain technology is improved transaction facility, faster settlements, and tokenization of different assets.
The anonymous government official said that the state-owned cryptocurrency will be running on a blockchain developed and monitored by the central bank.
Venezuela reaffirms the launch of the petro cryptocurrency, as the public sale date rapidly approaches.