Stay updated with breaking news from Crypto Tech. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Elon Musk did not deny the news about the requests for proposals but said, "No work is being done on this to the best of my knowledge," suggesting it may be in the works, but the launch is not yet
Crypto enthusiasts believe that having a local stablecoin would help with de-dollarization.
The U.S. Department of Justice hoped the latest verdict would serve as a warning to malicious actors and the broader cybercrime community.
"Crypto has the potential to play a significant part in stimulating the American economy and promoting democratic values worldwide," Brian Armstrong said.
The surge sparked hope among AXS holders, who over the past 30 days, saw over 17% loss on the crypto asset's value and approximately 64% decline in the price in a year.