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E-commerce giant Mercado Libre to sunset rewards-based Mercado Coin: Report

E-commerce giant Mercado Libre is set to discontinue its rewards-based cryptocurrency, Mercado Coin, according to a recent report. The decision comes as the company shifts its focus towards enhancing its core business operations rather than maintaining the digital currency. Mercado Coin was initially introduced to incentivize customer loyalty and engagement within the platform. The sunset of the cryptocurrency reflects broader challenges in the crypto market and the need for companies to adapt to changing consumer preferences. Users will be informed about the transition and any necessary steps regarding their existing Mercado Coin balances.

Read the full article: Coin Telegraph

CLARITY Act markup could happen as early as next week: Coinbase exec

The CLARITY Act, aimed at providing regulatory clarity for cryptocurrencies, may undergo markup as early as next week, according to a Coinbase executive. This legislation seeks to establish a framework for digital asset regulation in the U.S. and has garnered bipartisan support. The act's progression is seen

US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report

The US Treasury reportedly requested that Binance adhere to a monitoring agreement to ensure compliance with financial regulations. This demand was made privately, highlighting the government's concerns about the cryptocurrency exchange's operations. The Treasury's actions are part of broader efforts to enhance oversight of

Bitcoin bulls target $115K by December: Does data back the expectation?

Bitcoin bulls are setting their sights on a price target of $115,000 by December, driven by recent bullish sentiment and market trends. Analysts point to historical patterns and on-chain data that suggest a potential upward trajectory for Bitcoin as it approaches the end of the year. Factors such as

Privacy and accountability can coexist onchain, say panelists at Consensus Miami

At the Consensus Miami conference, panelists discussed the potential for privacy and accountability to coexist in blockchain technology. They emphasized that while privacy is essential for user protection, it should not hinder transparency and regulatory compliance. The conversation highlighted the importance of developing solutions that balance these two aspects, ensuring

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CLARITY Act markup could happen as early as next week: Coinbase exec

US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report

Bitcoin bulls target $115K by December: Does data back the expectation?

Privacy and accountability can coexist onchain, say panelists at Consensus Miami