Circle CEO Optimistic: U.S. on Track to Pass Stablecoin Legislation in 2021

New York City – Circle CEO, Jeremy Allaire, expressed optimism on the prospect of stablecoin legislation being passed in the United States this year. He believes that there is a “very good chance” of it happening. The introduction of stablecoin laws could have a significant impact on the cryptocurrency industry and its regulation within the country. Stablecoins are a type of digital currency that aim to maintain a stable value by being pegged to a reserve asset, such as a fiat currency like the US dollar. They have gained popularity in recent years due to … Read more

Israel Optimistic as South Africa’s Lawsuit Faces Imminent Rejection

Johannesburg, South Africa – Israel has estimated that a lawsuit filed against it in South Africa will likely be rejected. The lawsuit accuses Israel of being an apartheid state and committing human rights violations against Palestinians. South African human rights groups are calling for the South African government to take action against Israel. The lawsuit was filed by human rights advocates and Palestinian solidarity groups with the South African Human Rights Commission (SAHRC). They argue that Israel’s policies towards Palestinians mirror the systematic discrimination and segregation of apartheid-era South Africa. The advocates claim that Israel’s … Read more