Treasury Secretary Scott Bessent emphasized the importance of US Treasury-backed stablecoins in a Senate Appropriations subcommittee hearing on Wednesday. Bessent stated that these dollar-pegged coins could reach a […]
OpenTrade Raises $7 Million to Boost Yield Generation for High-Inflation Countries
OpenTrade, a London-based firm specializing in yield-generating products based on stablecoins, has secured a $7 million strategic funding round. This significant investment is set to accelerate the company’s […]
US Senate Advances Stablecoin Regulation with GENIUS Act Vote
The U.S. Senate has taken a crucial step towards regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) by a 68-30 vote. […]
US Senate Passes Landmark Bill to Regulate Stablecoins
In a historic move, the U.S. Senate has voted to approve the GENIUS Act, marking a significant step towards regulating stablecoins. The bipartisan vote of 68-30 brings much-needed […]
GENIUS Act Passes Senate, Moving Towards National Stablecoin Regulation
The U.S. Senate voted to advance the GENIUS Act, a landmark stablecoin bill, with a 68-30 majority on Wednesday. This crucial step paves the way for a final […]
South Korea Unveils Bill to Facilitate Stablecoin Issuance
President Lee Jae-myung has introduced legislation that would enable domestic companies to issue stablecoins in South Korea, aiming to bolster the nation’s digital asset market. The bill seeks […]
KAIA soars after South Korean stablecoin bill boosts institutional confidence
KAIA token experienced a sharp surge following the announcement of new South Korean regulations for stablecoins, signaling market optimism towards regulatory clarity in the region. While whale activity […]
Meta Faces Scrutiny from US Senators Over Potential Stablecoin Plans
With the US Senate poised to vote on legislation regulating payment stablecoins soon, senators Elizabeth Warren and Richard Blumenthal have raised concerns about Meta’s potential plans for another […]
GENIUS Stablecoin Bill Advances in Senate Vote
The US Senate voted 68-30 to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a major step towards regulating cryptocurrencies. This move follows months […]
Senate Approves GENIUS Act to Regulate Crypto Stablecoins
The US Senate has taken a significant step forward in regulating crypto stablecoins with the unanimous passage of cloture on the ‘Guiding and Establishing National Innovation for U.S. […]
Bank of America Weighs Entry into Cryptocurrency Market, Exploring Stablecoin Solution
Brian Moynihan, CEO of Bank of America, has indicated the bank’s potential involvement in the cryptocurrency industry by announcing plans to issue a dollar-backed stablecoin if proper legal […]
Bank of America Enters Stablecoin Race, Driving Impact on Digital Dollar Ecosystem
Bank of America is pushing forward with the development of a USD-backed stablecoin, signaling a major shift in banking’s approach to digital assets. This move has significant implications […]
Stablecoins Set to Surge: 2025 Expected to Be Game-Changing Year for Digital Assets
The digital asset class of stablecoins may finally be reaching its moment of prominence. According to Coinbase’s latest State of Crypto report, 2025 could mark a turning point […]
Lee Chang-yong to Speak at Seoul Bankers’ Association Meeting on Stablecoins
Bank of Korea Governor Lee Chang-yong will address a crucial gathering of industry leaders in Seoul on June 23rd, focusing on the future of digital currencies. The meeting […]
Stripe Acquires Crypto Wallet Developer Privy for Strategic Expansion
Payment giant Stripe has acquired Privy, a company specializing in cryptocurrency wallet infrastructure, marking the latest step in its strategic shift toward digital assets. This acquisition brings Privy’s […]