Author: American Coins & Gold

Solana-Based Zeta Markets Debuts Governance Token Z
The launch of governance token is part of a broader strategy that involves plans to release Solana’s first layer 2 scaling solution, Zeta Markets said in the press release.

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

Pompliano, Ex-Journo Melinek Spin Up 'Token Relations' Startup for Blockchain Firms
The media startup will offer a “third bucket” of information to crypto startups’ stakeholders.

First Mover Americas: BTC Drops to K, TON Rallies
The latest price moves in bitcoin (BTC) and crypto markets in context for April 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.

Bitcoin Layer 2 Mezo Emerges From Stealth With M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.

Crypto.com Obtains Full Dubai Operational License
Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local entity, CRO DAX Middle East FZE.

Fantom Cofounder Mulls Idea for 'Safer' Meme Coins
Fantom’s Cronje is the latest in a line of blockchain teams that are open to directly engaging with memecoins.

Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.

Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.