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 […]
U.S. Senate Blocks Stablecoin Regulation, Leaving Market Uncertain
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 […]