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48,781 Nepalis Download Jack Dorsey’s Bitchat Amid Social Media Ban
Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week. It followed a similar uptick in downloads in Indonesia last week after corruption-related protests erupted, according to Bitcoin open-source developer “callebtc,” who is working on […]
GENIUS Act Stablecoin Ban May Fuel Tokenization Market Growth
The landmark US GENIUS Act could serve as a major catalyst for stablecoin adoption both domestically and abroad. But rather than simply boosting demand for dollar-backed digital currencies, it may unintentionally push capital into the tokenization market as investors seek yield on their holdings. That was one of the key takeaways from a recent interview […]