Short cryptonews for this week 30/52 (2023)

Short cryptonews for this week 30/52 (2023)

By Pasucaru | Crypto on fire | 29 Jul 2023


- This week Bitcoin fell to $29,000, its lowest value in the last 30 days.

- Over the past 30 days, USDC issuance has decreased by ~$1.6 billion (5.7% of total supply) and USDT issuance has increased by ~$660 million (0.8%).

- In Indonesia and African countries, USDC is actively used through MoneyGram.

- Binance is listing a new dollar stablecoin First Digital USD (FDUSD) launched by Hong Kong-based First Digital Trust.

- McDonald's is launching a game on The Sandbox metaverse.

- The Italian central bank has chosen the Polygon blockchain to develop its DeFi project. The initiative aims to help Italian banks, asset managers and financial institutions, experiment with decentralized finance and security tokens.

- Spanish private bank A&G, which manages $14 billion, has launched the country's first cryptocurrency fund aimed at professional investors.

- US Republicans have introduced a 212-page bill to regulate cryptocurrencies.

- Japanese Prime Minister declares his love for crypto and web3, Fumio Kishida said that Japan aims to put in place a policy that facilitates the development of the ecosystem.

NFT of the week https://lenster.xyz/posts/0x0157e0-0x99-DA-c3c09d91   (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

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