Scaramucci says stablecoin yield prohibition undermines US dollar
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
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The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
The Zcash Foundation is the latest crypto organization to say the SEC has backed off, joining the likes of Coinbase and Ripple....
The latest purchase boosted the companyâs Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....
The city brought in the new licensing regime at the start of August last year, amid growing institutional interest in stablecoins....
Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could âundermine investorsâ confidenceâ in the financial regulator....
The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....
Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on Monday. As reported by CoinDesk , Adams' "NYC Token" hit a $580 million ma...
The move could derail efforts to get cryptoâs coveted market structure bill over the finish line....
The moves highlight the growing uncertainty over whether crypto prediction markets are treated as finance or gambling....
The TROVE token generation event is still scheduled to proceed on Monday, despite the sudden pivot to Solana....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committeeâs upcoming crypto bill....
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
The sentencing of a Utah man links investor fraud and unlicensed cash-to-crypto activity under the same prosecution....
Bitwise launched its Chainlink ETF Wednesday, becoming the second spot LINK fund in the U.S. following Grayscale's December debut....
Expanding the CFTCâs authority would require new staff, technical expertise, and data systems as the agencyâs workforce continues to shrink....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
The crypto market structure bill in the US Senate has been delayed amid disagreements among lawmakers and influential cryptocurrency companies....
Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage....
Allocations are up, personal holdings are up and recommendations are up across the board according to the latest Bitwise survey....
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....