Binance, the largest cryptocurrency exchange by trading volume, is set to enjoy operational freedom in President Nayib Bukele’s country, El Salvador, after securing crucial licensure that will allow for customized products and services offered to the El Salvadorian citizenry.
Arbitrum price has failed to invigorate investors’ interest, but the base L2 chain is consistently drawing users to it. Nevertheless, the bearish market conditions have been rather discouraging, resulting in users pulling their money from Arbitrum-based decentralized applications (Dapps), resulting in a decline in value of the chain.
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PayPal issued a US Dollar-pegged stablecoin PYUSD on the Ethereum blockchain. PayPal’s stablecoin issuance failed to catalyze a recovery in ETH price as the altcoin continues to trade below the $1,900 level.
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