The Senate has taken a significant step forward in its consideration of the GENIUS stablecoin legislation. The bill, designed to regulate and potentially streamline the operation of crypto […]
U.S. Senate Passes ‘GENIUS Act,’ Setting Stage for Stablecoin Regulation
The U.S. Senate has officially approved the ‘Guiding and Establishing National Innovation for U.S. Stablecoins of 2025’ or the GENIUS Act, marking a significant step towards regulating crypto […]
U.S. Senate Passes GENIUS Act: A Step Towards Stablecoin Regulation
The U.S. Senate has taken a significant step towards regulating stablecoins with the passage of the GENIUS Act on May 19, 2025. The bill passed with a strong […]
Senate Advances Stablecoin Regulation Act, GENIUS Act
The U.S. Senate has taken a significant step towards regulating stablecoins, passing the GENIUS Act and advancing its potential impact on the $250 billion market. This move has […]
Russia Restricts Foreign Stablecoins: Tether and Similar Coins Face Market Limitations
Russia has implemented new regulations impacting foreign stablecoins, with the central bank prohibiting those featuring blocking features. This move affects major players like Tether (USDT) and could increase […]
South Korea Raises Concerns Over Stablecoin Risks Amidst Surge in Transfers
The Bank of Korea has flagged potential risks to monetary policy posed by stablecoins, highlighting their impact on the financial system. Nearly half of cryptocurrency transactions departing from […]
Tether and Circle Drive US Stablecoin Market Expansion
The US stablecoin market is experiencing significant growth, driven by Tether and Circle’s dominance. These companies currently hold a 90% share of the market, contributing to a projected […]
StraitsX Launches XSGD Stablecoin on XRP Ledger: A Pivotal Step in Regulated Payments
StraitsX, a leading provider of digital payment infrastructure, has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger. The launch, effective May 19, 2025, marks a significant […]
Elizabeth Warren Warns of Corruption in Stablecoin Bill Proposal
Senator Elizabeth Warren delivered a scathing critique of the GENIUS Act during a Senate session on May 19, 2025, highlighting concerns regarding its potential to facilitate corruption linked […]
Senator Warner Backs Revised Stablecoin Bill, Signaling Regulatory Shift in Crypto
Senator Mark Warner of Virginia is poised to support the revised GENIUS Act, a significant step towards potentially reshaping the regulatory landscape for stablecoins in the U.S. Senate. […]
Tether’s US Treasury Holdings Surge Past Germany
Tether has achieved a historic milestone by surpassing Germany in U.S. Treasury holdings, accumulating over $120 billion by the end of Q1 2025. This move marks a significant […]
Tether Holdings Surge Past $120 Billion in U.S. Treasury Bonds
Tether’s financial position has seen significant growth, exceeding $120 billion in U.S. Treasury bonds. This figure surpasses even Germany’s holdings of 111.4 billion dollars as reported in its […]
Cardano Eyes Privacy Stablecoin Milestone with Hoskinson’s Proposal
Charles Hoskinson, the creator of Cardano, is proposing a revolutionary stablecoin that blends user privacy with regulatory compliance. The innovation aims to safeguard users’ identities while ensuring authorized […]
90% of Firms Embrace Stablecoins: Fireblocks’ Latest Report Reveals High Adoption Rates
Fireblocks, a leading digital asset infrastructure provider, has revealed that 90% of financial institutions have begun adopting stablecoins to drive growth. This significant shift marks a growing trend […]
US Senate Set for Third Vote on Stablecoin Bill: Implications for Digital Assets
The US Senate is once again poised to vote on legislation regulating stablecoins, with the bill facing a potential third attempt following an initial setback. While the bill’s […]