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Agne Linge, head of growth at DeFi platform WeFi, emphasized the importance of stablecoins during the "Web3: The Economy of the Future" keynote discussion at the World Economic Forum Summit in Davos. She pointed out that stablecoins, with a total market capitalization of $21.60 billion, have become an important financial tool in countries facing hyperinflation such as Argentina and Brazil. In emerging economies such as Venezuela, citizens' adoption of dollar-denominated stablecoins (especially U...
At the World Economic Forum in Davos, Switzerland, Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against U.S. companies "a form of taxation." The European Union's strict regulation of big tech companies is known around the world, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues....
In an interview at the World Economic Forum's annual meeting in Davos, Switzerland, Circle CEO Jeremy Allaire said that U.S. President Donald Trump may soon sign an executive order to make it easier for banks to own digital assets. He expects Trump's order to support cryptocurrencies to be issued soon, but did not specify when. Allaire is particularly concerned about the SEC...
According to sources, Trump is not planning to attend the World Economic Forum in Davos, but may make a video address.
