Daily Digest – May 20th

• FTX launches stock trading platform against stablecoins in the U.S.

• Terra amends Do Kwon’s revival plan – Terra crash as bad as Mt. Gox, according to Avalanche founder.

• Tether claims USDT stablecoin is backed by non-U.S. bonds.

• Vitalik Buterin and ETH developers confirm that the ‘Merge’ will happen in August.

• Singapore court bars the sale and transfer of a Bored Ape Yacht Club NFT.

El Salvador Needs a Deal with the IMF to Improve Its Credibility – Ortiz-Bollin

With the credibility of its financial policy falling through, El Salvador should look to form a debt agreement with the International Monetary Fund to improve...

Swiss Watchmaker Tag Heuer Says It’s Time to Accept Crypto Payments

Luxury watchmaker Tag Heuer announced a partnership with BitPay yesterday. Following the agreement, there 12 different cryptocurrencies options will be...

South Korean Authorities Issue Warning to Not Wager on LUNA’s Comeback

The crypto community in South Korea has seen a recent surge in the purchase of Terra (LUNA). The infamous case of Terra has been making waves for the past...

Crypto Exchange FTX Launches Stock Trading Platform with Stablecoins

The United States-based subsidiary of global cryptocurrency trading platform FTX is launching a stock trading platform to allow investors to trade...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team