Browsing: Banking

Exploring the growth of stablecoins driven by regulatory frameworks like the GENIUS Act, institutional adoption by entities such as Citigroup and World Liberty Financial, and technological innovations including synthetic options, with a focus on market dynamics and future outlook.

The recent ‘crypto week’ designation by US House Republicans has sparked a heated debate over digital asset regulation, highlighting the divide between Republican and Democratic approaches to cryptocurrency legislation and the future of digital currencies in the US financial system.

The US Congress is deeply divided over cryptocurrency regulation, with Republicans pushing for innovation and Democrats emphasizing consumer protection and national security. The outcome of ‘crypto week’ could significantly impact the future of digital assets in the US financial system.

A $20 million crypto scam victim escalates legal actions against banks for alleged negligence in monitoring fraudulent transactions linked to a fake NFT trading platform.

The Trump administration is considering an executive order to protect cryptocurrency firms from banking discrimination, addressing concerns over ‘Operation Chokepoint 2.0’.