Tether co-founder, William Quigley, in a recent interview expressed skepticism towards the acceptance of PayPal’s impending stablecoin. Highlighting that cryptocurrencies earn credibility over time, he outlined that new entrant, PayPal, would face challenges in gaining trust and performance reputation among crypto users. He flagged significant regulatory challenges and the high cost of compliance as potential hurdles for PayPal’s stablecoin.
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Bitcoin-On-Wheels: An Unusual Journey Across Europe Unraveling Crypto Acceptance
“Ariel Aguilar’s Bitcoin-themed van journey across Europe, known as ‘La Bitcoineta’, reveals the rift between acceptance and scepticism around Bitcoin. The varied reactions, from applauds in Switzerland to disinterest in Spain and Portugal, underscore the region-dependent acceptance levels of cryptocurrencies.”
Blockchain Gaming Boom: Impacts, Meme Tokens & the Rise of a Multi-Chain Future
Blockchain gaming accounts for 38% of April’s crypto transactions, with virtual worlds trading declining by 74% due to meme token craze. New gaming-oriented blockchain network Sui witnesses rapid success, while Ethereum sidechain network Polygon becomes increasingly popular for gaming.