NewsletterNov 15, 2023

BlackRock’s Stablecoin Fears 😨 , Dapper Disney NFTs 👑, OKX Launching L2 ⛓️

Summary
  • BlackRock acknowledges the potential risks that stablecoins pose to Bitcoin and the wider crypto market in its application for a Bitcoin ETF.
  • Coin Center advocates for clearer regulations on crypto taxation to US lawmakers, highlighting the need for more comprehensive guidelines in this evolving space.
  • OKX plans to launch an L2 network called 'X1' using Polygon's Chain Development Kit, aiming to improve scalability and transaction speed.

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BlackRock Acknowledges Risks of Stablecoins in Application for Bitcoin ETF | DePIN Hub