Why US community banks say the GENIUS Act has a stablecoin loophole
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
Backpack exchange launched an invite-only beta for its Unified Prediction Portfolio, letting users hedge and trade across markets in a single crypto account....
Speaking on the What Bitcoin Did podcast, Strategy chairman Michael Saylor pushed back against criticism of companies issuing equity or debt to buy Bitcoin....
Electronic brokerage giant Interactive Brokers says its clients can deposit USDC, which will automatically conver to US dollars to fund their accounts....
Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation “materially worse” for the US crypto industry....
Crypto markets saw the biggest short squeeze since October as short positions were liquidated and Bitcoin outperformed the US dollar amid geopolitical uncertainty....
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
Industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement....
Of the 90 crypto firms registered in France without a MiCA license, 40% are reportedly not seeking the license, while 30% remain unresponsive as regulators warn of July shutdowns....
Tightening KYC regulations and growing scrutiny on the digital economy are triggering more investor demand for privacy-preserving digital assets like Monero....
It's unclear when US lawmakers will return to address a market structure bill, but CEO David Solomon said Goldman Sachs was monitoring its progress for tokenization and stablecoins....
Despite the backlash, a spokesperson for Adams said he remains committed to funding education programs and supporting scholarships for underserved students through the token....
The move could derail efforts to get crypto’s coveted market structure bill over the finish line....
The Sui blockchain recovered from a nearly six-hour outage Wednesday, marking the network's second major downtime since its 2023 launch....
Onchain gold products added billions in new value last year, outpacing physical bullion and most gold ETFs as trading activity increasingly shifted to blockchain rails....
Why regulation favors stablecoins over Bitcoin for salaries and how compliance, volatility and payroll rules are shaping crypto wage adoption worldwide....
Senate efforts to rewrite U.S. crypto rules hit another snag after the Banking Committee delayed markup of the industry-shaping bill....
Pakistan’s Ministry of Finance has signed an MOU with an affiliate of the Trump-backed DeFi project to target cross-border payments....