Browsing: Banking System

The US Senate confirms Treasury official Jonathan McKernan amid an ongoing government shutdown that paralyzes regulatory functions and delays cryptocurrency legislation, while institutional interest in Bitcoin demonstrates resilience despite political chaos.

Coinbase debunks myths about stablecoins draining bank deposits, highlighting their role in enhancing global dollar dominance and efficiency in payments, amid evolving regulatory frameworks and technological innovations.

Federal Reserve and Trump administration policies are driving crypto integration into mainstream finance, with initiatives like allowing Fed staff to hold digital assets and including cryptocurrencies in retirement plans, reflecting a shift toward regulatory clarity and innovation.

The GENIUS Act introduces a comprehensive regulatory framework for stablecoins in the U.S., balancing innovation with consumer protection and setting a global benchmark for digital currency regulation.