Browsing: Stablecoin

Polymarket sets an 89% chance for the GENIUS Act, aiming to regulate US stablecoins, to become law by 2026, following Senate approval and Trump’s endorsement.

The Trump family’s company has significantly reduced its stake in World Liberty Financial, amid growing scrutiny over cryptocurrency industry ties and legislative challenges.

Visa and Yellow Card join forces to promote digital dollar usage in Africa, leveraging stablecoins for more efficient cross-border payments.

Nauru passes groundbreaking legislation to establish a cryptocurrency regulatory authority, aiming to become a digital asset leader in the Oceania region.

Coinbase and Circle shares surge as the US Senate approves the GENIUS Act, signaling a bullish future for stablecoin regulation and the broader crypto market.

US President Donald Trump urges the House to pass the GENIUS stablecoin bill swiftly, aiming to cement US leadership in digital assets and global finance.

The US DOJ has seized $225M in cryptocurrency linked to ‘pig butchering’ scams, highlighting the ongoing battle against crypto fraud.

Exploring Ethereum’s evolving role in the competitive landscape of crypto yields and its foundational impact on DeFi and RWA sectors.

China’s central bank governor announces plans to expand the digital yuan’s global footprint, aiming to diversify the international currency system.

The US Senate’s advancement of the GENIUS Act marks a turning point in stablecoin regulation, overcoming significant institutional opposition.

The GENIUS Act’s passage in the US Senate marks a pivotal step towards stablecoin adoption by financial institutions, setting the stage for clearer regulations and broader use in payments and settlements.

ARK Invest, led by Bitcoin advocate Cathie Wood, has sold an additional $45 million in Circle shares, part of a $96.5 million sell-off over two days, amidst a market decline despite positive stablecoin legislation.

JD.com announces global stablecoin licensing push to transform cross-border payments, coinciding with US GENIUS Act passage.

ARK Invest, led by Bitcoin advocate Cathie Wood, has sold its first batch of Circle shares for $51.7 million, marking its initial divestment since Circle’s public trading debut on the NYSE.

Thailand introduces a five-year tax break for cryptocurrency transactions, aiming to boost its economy and position itself as a global financial hub.

Arthur Hayes, founder of BitMEX, cautions against the hype surrounding new stablecoin IPOs, predicting a bubble that will leave many investors with overvalued assets.

JPMorgan Chase’s recent trademark filing for ‘JPMD’ hints at a major expansion into cryptocurrency services, including the potential launch of a stablecoin, amidst growing interest from traditional banks in the crypto space.

The GENIUS Act is set to transform the stablecoin landscape in the U.S., with far-reaching implications for the dollar and global finance.

The US Senate has passed the GENIUS Act, marking a pivotal move towards stablecoin regulation and positioning the US as a potential leader in the crypto space.

JPMorgan and the SEC explore the future of capital markets on blockchain, focusing on regulatory frameworks and the bank’s digital asset initiatives.