U.S. Treasury Secretary Scott Bessett has expressed disappointment with the Senate’s inaction regarding the GENIUS Act, a crucial piece of legislation aimed at regulating stablecoins. According to Odaily, […]
Brian Armstrong Raises Concerns Over Yield Restrictions in US Stablecoin Legislation
US stablecoin legislation continues to evolve, drawing attention from industry leaders and policymakers alike. Coinbase CEO Brian Armstrong has voiced concerns about a proposed prohibition on yield generation […]
Stablecoin Bill Fails: Trump Controversy Derails Regulatory Efforts
The U.S. Senate’s effort to pass the GENIUS Act, a key bill regulating stablecoins, has collapsed amid political turmoil. Democrats, citing concerns over Donald Trump’s growing influence in […]
Stablecoin Regulation Blocked in U.S. Senate: A Close Vote Remains Unclear
The U.S. Senate narrowly voted against a bill aiming to regulate stablecoins on May 8, 2025, with a 48-49 vote. This decision leaves the status of stablecoin issuers […]
Senate Blocks Stablecoin Regulation Bill, Market Uncertainty Remains
The U.S. Senate has rejected the GENIUS Act, a proposed stablecoin regulation bill, with a vote of 48-49, falling short of the required 60 votes. Senators Warren and […]
U.S. Senate Blocks Stablecoin Regulation, Raising Market Uncertainty
The U.S. Senate’s attempt to regulate stablecoins has failed, with a narrow 48-49 vote against the GENIUS Act. The bill aimed to establish regulations for these cryptocurrencies, but […]
Senate Blocks Stablecoin Legislation, Raising Concerns About US Digital Asset Leadership
The US Senate failed to advance a key stablecoin regulation bill, the GENIUS Act, due to internal political disagreements. The bipartisan legislation, designed to establish clear rules for […]
Meta Returns to Crypto: Exploring Stablecoin Integration for Smooth Digital Payments
After a three-year hiatus, Meta Platforms is reentering the world of cryptocurrencies through stablecoin payments integration. This move aims to provide seamless and reliable digital payment options across […]
Meta Re-Enters Crypto with Stablecoin Exploration for Global User Payouts
Meta Platforms Inc. is exploring the use of stablecoins to facilitate international user payouts, marking a return to cryptocurrency after its discontinued Diem project three years ago. This […]
Meta Considers Stablecoin Payments for Cross-Border Transactions: Latest Developments
Meta, the technology giant behind Facebook and Instagram, is reportedly exploring the use of stablecoins for cross-border payments. These explorations are still in early stages and remain unconfirmed. […]
Meta Reinvests in Stablecoin Development Amid Crypto Market Re-entry
Meta Platforms Inc. is returning to the stablecoin landscape after suspending its Diem project in 2022. This move, driven by new leadership focused on blockchain integration, could significantly […]
Meta Considers Stablecoin Integration Amid Growing Institutional Demand
Meta Platforms, formerly known as Facebook, is exploring the integration of stablecoins into its platforms. This potential move marks a return to the cryptocurrency space after a three-year […]
GENIUS Act Blocked: Senate Stalemate Could Lead to New Stablecoin Regulation Proposal
The GENIUS Act, aiming for a regulatory framework for stablecoins, has been stalled in the Senate due to concerns from Democrats over consumer protection and national security. Despite […]
Stablecoin Trading Volume Soars to $1.82 Trillion: A Sign of Major Shifts in Crypto Finance
A record-breaking $1.82 trillion in stablecoin trading volume was recorded last month, signaling a significant surge in market activity and the integration of digital assets into mainstream finance. […]
Treasury Secretary Predicts $2 Trillion Stablecoin Demand for U.S. Debt
U.S. Treasury Secretary Scott Bessent has predicted a significant surge in demand for stablecoins, potentially creating a $2 trillion demand for U.S. government debt. This projection emerged during […]