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Today’s Top Crypto News – Thursday, 6/16/22

•USDC Issuer Circle to Introduce Euro-Backed Stablecoin in U.S. – CoinDesk “The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.” •Bitcoin miners stung as fallout from price collapse widens – FT “Share prices of companies that validate crypto transactions have tumbled over the past month.” •Regulations and exchange delistings […]

By Matt Montemayor · June 16, 2022
Today’s Top Crypto News – Thursday, 6/16/22

•USDC Issuer Circle to Introduce Euro-Backed Stablecoin in U.S. – CoinDesk

“The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.”

•Bitcoin miners stung as fallout from price collapse widens – FT

“Share prices of companies that validate crypto transactions have tumbled over the past month.”

•Regulations and exchange delistings put future of private cryptocurrencies in doubt – CoinTelegraph

“At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.”

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