A crucial regulatory bill for stablecoins, known as the GENIUS Act, failed in a narrow vote within the U.S. Senate. The 48-49 vote left the future of this […]
Aptos Ecosystem Boasts Seven Months of Revenue Growth
The Aptos ecosystem continues its streak of success, recording seven consecutive months of revenue growth, as per recent findings by Foresight News and researcher Marc Arjoon of Blockworks. […]
Treasury Secretary Slams Senate for Lack of Action on Digital Asset Bill
U.S. Treasury Secretary Scott Bessent has voiced his disappointment with the Senate’s inaction on the GENIUS Act, calling it a missed opportunity to establish U.S. leadership in stablecoin […]
Meta Seeks to Integrate Stablecoins for Global Payments
Meta, under the leadership of VP of Product Ginger Baker, is exploring the integration of US dollar-pegged stablecoins like USDT and USDC for cross-border payments. This initiative marks […]
U.S. Senate Blocks Stablecoin Bill in Narrow Vote
The U.S. Senate narrowly blocked stablecoin regulation on [date], casting aside the bill with a 48-49 vote, leaving the future of these cryptocurrencies in legal limbo. This decision […]
Senate Blocks Stablecoin Regulation in Close Vote, Highlighting Partisan Divide
The U.S. Senate has blocked the GENIUS Act, legislation aimed at regulating stablecoins, with a 48-49 vote. This close vote highlights the ongoing divide within the government regarding […]
MEXC Lists USD1 Stablecoin, Accelerating Global Financial Innovation
MEXC, a leading cryptocurrency exchange, has announced the listing of World Liberty Financial’s USD (USD1) stablecoin on its Innovation Zone. The USD1/USDT trading pair will open for trading […]
Meta Bets Big on Stablecoins for Global Crypto Comeback
Meta is doubling down on cryptocurrency, specifically through its stablecoin strategy, aiming to facilitate global payments and empower creators. Led by Mark Zuckerberg’s strategic vision, the company’s re-entry […]
U.S. Senate Blocks Stablecoin Regulation, Market Uncertainty Rises
The U.S. Senate has rejected the GENIUS Act, a landmark bill aiming to regulate stablecoins for the first time. This narrow 48-49 vote reflects deep partisan divisions and […]
Senate Republicans Drive Stablecoin Bill Forward, Facing Democratic Resistance
The US government continues its efforts to navigate a regulatory landscape for digital assets. A crucial piece of legislation aimed at stabilizing the rapidly growing cryptocurrency market is […]
Meta Tests Stablecoin Strategy under Zuckerberg’s Leadership
Facebook, now Meta, is taking a new approach to integrating stablecoins into its ecosystem. Under Mark Zuckerberg’s leadership, Meta explores partnerships with established stablecoin issuers like USDC rather […]
GENIUS Act Under Scrutiny as Trump’s Digital Ties Fuel Democratic Opposition
The GENIUS Act, proposed by President Donald Trump, seeks to regulate stablecoins, including their use for national reserves and anti-illicit finance measures. Despite bipartisan backing in its initial […]
Senate Blocks Stablecoin Regulation with Narrow Vote
The U.S. Senate has voted to reject the GENIUS Act, a crucial bill aimed at establishing stablecoin regulations. This decision leaves the cryptocurrency market in a state of […]
US Senate Blocks Major Cryptocurrency Regulation, Stablecoins Remain Unclear
Senator Lummis’s efforts to establish a national framework for stablecoin issuance and oversight failed after a close vote in the US Senate. The bill was seen as crucial […]
Meta Re-Enters Stablecoin Landscape After Years Away
Meta is once again exploring the world of stablecoins, with sources claiming the company is engaging crypto firms about potential payments and payouts utilizing these digital assets. This […]