Bitcoin price crosses $30,000 mark, highest in 2 weeks

Bitcoin price recorded at the moment reached 29,808.94 USD/BTC, an increase of about 2.21% compared to 24 hours ago. Bitcoin price ended a string of gloomy days after the news that PayPal released a stable coin (stablecoin) called PYUSD in the US. During the day, the bitcoin price jumped to nearly $32,000 - the highest level in more than two weeks.

In addition, the agency said that banks that are members of the Fed must obtain consent from the central bank before issuing, holding, or trading stablecoins.

In order to receive approval from the Fed, banks need to demonstrate appropriate risk management, including having systems in place to identify and monitor any monetary risks such as cyber or financial security. illegal.

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