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....
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....
The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers....
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....
The apparent shutdown follows years of scrutiny over one of crypto’s largest fraud marketplaces....
The latest purchase boosted the company’s 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 ransomware family’s abuse of Polygon smart contracts echoes techniques recently seen in Ethereum-based attacks....
Animoca’s Somo acquisition expands its digital collectibles strategy as NFTs show early signs of renewed trading activity....
The sentencing of a Utah man links investor fraud and unlicensed cash-to-crypto activity under the same prosecution....
House Democrats have accused the SEC of selectively enforcing laws against crypto firms, while spotlighting Tron founder Justin Sun....
AI is spreading across crypto trading, heightening fears of displacement even as human traders remain responsible for key decisions....
Bitcoin’s rally drew fuel from short covering as steady inflation data and the start of earnings season reinforced trader expectations....
Google will require proof of FIU registration acceptance for crypto apps, raising compliance hurdles for offshore exchanges serving South Korean users....
Untagged Bitcoin blocks sparked solo-miner speculation before NiceHash confirmed they were mined during internal testing, highlighting limits of onchain attribution....
The Ethereum blockchain underwent a series of upgrades last year that have resulted in lower transaction fees and more active addresses....
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....