The U.S. Senate’s failure to pass the GENIUS Act on Thursday has drawn criticism from Treasury Secretary Scott Bessent, who warned of the bill’s potential negative impact on […]
Stripe Launches Global Stablecoin Accounts for Businesses
Payment giant Stripe has launched a new feature enabling businesses in 101 countries to hold, send, and receive stablecoins. This innovative tool allows companies to manage their finances […]
Senate Blocks GENIUS Act, Stalling Stablecoin Regulation and Future Crypto Legislation
The US Senate’s attempt to regulate stablecoins with the GENIUS Act has been blocked after key Democrats withdrew support over security concerns. This setback delays stablecoin regulation and […]
Meta Reopens Stablecoin Efforts Amid Surge in Crypto Adoption
Meta Platforms is reigniting its exploration of stablecoins, a move driven by increasing crypto interest and record-breaking transactions across the sector. Ginger Baker, newly appointed Vice President of […]
Meta Re-enters Crypto Space: Stablecoin Focus Amidst Growing Institutional Backing
Meta Platforms, the parent company of Facebook and Instagram, is set to re-enter the cryptocurrency market with a renewed emphasis on stablecoins, according to industry sources. The tech […]
Bitcoin Dollar Stablecoin: Alpen Labs Unveils Secure BTC-Backed Solution
Alpen Labs has introduced a new development in the world of decentralized finance (DeFi): the Bitcoin Dollar (BTD) stablecoin. This innovative creation aims to deliver the stability of […]
Meta Resurfaces Stablecoin Discussions After 3-Year Hiatus
Meta is reviving discussions about stablecoins, seeking lower payment fees amid regulatory clarity and a surge in corporate adoption. This move comes three years after Meta canceled its […]
U.S. Treasury Secretary Slams Senate for Missed Opportunity on Stablecoin Bill
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 […]