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....
Crypto markets saw the biggest short squeeze since October as short positions were liquidated and Bitcoin outperformed the US dollar amid geopolitical uncertainty....
The new policy will allow borrowers to use Bitcoin, Ether, crypto ETFs and US dollar-backed stablecoins for asset verification and income estimates without liquidation....
Electronic brokerage giant Interactive Brokers says its clients can deposit USDC, which will automatically conver to US dollars to fund their accounts....
From ethics violations to billion-dollar family profits, Trump's crypto ventures have triggered legislative warfare and industry backlash....
Binance Australia has reopened direct dollar deposits and withdrawals after more than two years of disrupted banking access....
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The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Bitcoin hits $93K as volume surges, but sellers dominateâwill it reach $100K or face more pressure ahead?...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....
Michael Selig named two people as senior advisers, one of whom helped with a law firmâs letter that led to an SEC no-action letter on crypto custodians....
Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance....
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token....
Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could âundermine investorsâ confidenceâ in the financial regulator....
The crypto market structure bill in the US Senate has been delayed amid disagreements among lawmakers and influential cryptocurrency companies....
Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions....
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Actâstyle measures....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Bitcoin faces rising downside risk as macro pressure and weak technicals point to a possible drop toward $80,000 on a rising-wedge breakdown....