Features Crypto News by Thebittimes.Com

Bitfinex, has announced that it has introduced zero-fee trading for market takers on its peer-to-peer (P2P) platform in Argentina, Colombia and Venezuela. The initiative, which will run until Dec. 31, aims to support the growing demand for crypto trading and adoption in the Latin American region. Bitfinex’s P2P platform, also known as Bitfinex Peer-to-Peer Trading or Bitfinex P2P, allows users to trade cryptocurrencies directly with each other without intermediaries or third-party custody. Users can create their offers or accept existing ones using various payment methods such as bank transfers, cash, or mobile payments. The platform supports multiple fiat currencies, such as the Argentine peso (ARS), Colombian peso (COP), and Venezuelan bolivar (VES), as well as several cryptocurrencies. You might also like: Bitfinex parent offers $150m share buyback to regain control By offering zero-fee trading for market takers on its P2P platform, Bitfinex aims to provide more ...

The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session. Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment stablecoins.” Toomey — who also serves as the Ranking Member of the U.S. Banking Committee — said the Dec. 21 bill, called the Stablecoin TRUST Act of 2022 would serve as a framework for stablecoin regulation for his fellow senators who are looking to push out stablecoin legislation in 2023. In a statement, the senator called stablecoins an “exciting technological development that could transform money and payments,” adding: “By digitizing the U.S. dollar and making it available on a global, instant, and nearly cost-free basis, stablecoins could be widely used across the physical economy in a variety of ways.” If passed by Cong...