Stablecoin rewards provisions face industry test in Senate crypto bill
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
Bitcoin miner Canaan faces Nasdaq delisting deadline as shares languish below $1 despite major hardware order and brief October rally....
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token....
Bitcoin mining stocks like Bitdeer and CleanSpark jumped Wednesday as BTC climbed above $97,000 for the first time since November....
Security failures donât just drain funds, they often destroy trust, leaving most hacked crypto projects unable to recover despite fixing the technical flaws....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Actâstyle measures....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
Vitalik Buterin warns that Ethereumâs push to add new features while preserving backward compatibility is inflating protocol complexity, calling for a âgarbage collectionâ process....