The U.S. Senate has blocked the GENIUS Act, a crucial piece of legislation aimed at establishing a unified framework for regulating stablecoins. This decision has drawn significant criticism […]
Meta Considers Stablecoin Return for Creator Payments
Facebook’s parent company, Meta, might be planning a quiet reentry into the cryptocurrency space. Internal discussions suggest they are exploring the potential use of stablecoins to facilitate faster […]
U.S. Senate Halts Progress on Crypto Regulation, Yellen Expresses Concerns
The U.S. Senate has blocked the GENIUS Act, a key piece of legislation aimed at regulating stablecoins, prompting criticism from Treasury Secretary Janet Yellen. This decision creates uncertainty […]
Tether Under Fire: Analyst Questions Backing and Potential Market Vulnerabilities
Cryptocurrency markets are facing renewed scrutiny regarding Tether (USDT), a stablecoin pegged to the US dollar. Analyst Deso, on social media platform X, has sparked controversy by suggesting […]
Tether Under Fire: New Allegations Surface Over Reserves and Decentralization
Tether, a leading cryptocurrency stablecoin pegged 1:1 to the US dollar with a market value exceeding $150 billion, is facing new scrutiny following allegations regarding its reserve practices. […]
Meta Seeks to Streamline Payments on Instagram Using Stablecoins
Meta is exploring the use of stablecoins as a means to simplify cross-border payments on Instagram, with plans to integrate these digital currencies for small transactions. The initiative […]
Senate Blockade Stalls Stablecoin Regulation; Scott Blames Democrats
The US Senate’s decision to reject the GENIUS Act, a key attempt to regulate stablecoins, has thrown the crypto landscape into uncertainty. The setback, seen as a missed […]
Trump Announces New Trade Agreements: Impact on Markets and Crypto
U.S. President Donald Trump announced new trade agreements, sparking immediate market volatility and signaling potential shifts in global trade dynamics. These announcements were made during a public statement […]
Senate Blocks GENIUS Act: Yellen Slams Missed Opportunity for U.S. Leadership in Digital Assets
The U.S. Senate has blocked the GENIUS Act, a critical piece of legislation aimed at regulating stablecoins and impacting the nation’s position in the digital asset market. This […]
Scott Blasts Partisan Politics for Blocking Stablecoin Bill
Senator Tim Scott criticized the failure of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act on May 8th, blaming partisan politics for blocking progress. The […]
Tether Under Fire: Analyst Claims Borrowed Money Backs Stablecoin
A recent X post by crypto analyst Deso has shaken the foundations of Tether (USDT), the world’s leading stablecoin. His accusations suggest that Tether may not be fully […]
Trump-Backed Stablecoin USD1 Soars to 7th Position on Global Market
Donald Trump’s involvement in the cryptocurrency market has yielded a significant development: the emergence of USD1, a stablecoin gaining traction rapidly. This digital currency, backed by financial assets […]
Senate Blocks Stablecoin Bill: Implications for US Crypto Regulation
The U.S. Senate’s rejection of the GENIUS stablecoin bill marks a significant setback for efforts to regulate crypto assets in the country. Key highlights include leadership changes, market […]
Garlinghouse Calls for Crypto and Stablecoin Regulation, Urges US Leadership
Ripple CEO Brad Garlinghouse has urged the U.S. government for urgent regulatory clarity regarding digital assets and stablecoins. This follows comments from US Treasury Secretary Scott Bessent, who […]
Meta Considers Stablecoin Integration for its Products
Facebook’s parent company Meta is exploring the integration of stablecoins into its products after a three-year hiatus from cryptocurrencies. According to Fortune magazine, the company has been in […]