New Draft Bill Seeks To Regulate Issuance Of Stablecoins – December 3

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$19,359

Bitcoin price has maintained its position in the $19,000s, as it fails to break down into the $18,000s overnight.

Top-20 altcoins are mostly stable over the last 24 hours, as Ethereum gains just 2%, XRP less than 2%, and NEM is the only significant performer with an 11% rise..

Top Stories for December 3, 2020 🔥

👉 New Draft Bill Seeks To Regulate Issuance Of Stablecoins

A new congressional bill is seeking to regulate the issuance of stablecoins, in an effort they claim is to protect consumers.

The draft bill would force any prospective stablecoin issuer to obtain a banking charter and follow the appropriate banking regulations.

👉 Visa May Be Linking Payments Network to USDC Stablecoin

Visa has claimed this week that they will be linking their payments network to Centre’s USDC stablecoin.

Circle will be working to help Visa card issuers integrate USDC software into their platforms, with Visa planning to eventually issue credit cards that allow businesses to transact anywhere in USDC.

👉 MetaMask Phishing Scams On The Rise

Internet security company CipherTrace has reported a surge in phishing scams related to Ethereum wallet Metamask, which exists mainly as a browser extension.

One fake Metamask extension on Chrome is the most recent attempt, with a flurry of Google adverts and Tweets also directing people to malicious Metamask impostor websites.