Trump’s Crypto Ventures Delay Stablecoin and Crypto Policy Progress The intersection of politics and cryptocurrencies has always been a contentious one. With the rise of digital currencies and blockchain technology, governments around the world are grappling with how to regulate this new and rapidly evolving sector. In the United States, the debate over crypto policy […]
US Senate blocks stablecoin regulation bill
US Senate Blocks Stablecoin Regulation Bill The recent setback in the US Senate regarding the GENIUS Act has left many in the fintech industry disappointed. The bill, which aimed to introduce much-needed regulations for stablecoins, failed to advance with 48 votes against it, showcasing the challenges of navigating legislative processes in the ever-changing landscape of […]
USD1 stablecoin becomes seventh-largest in just two months
USD1 Stablecoin Skyrockets to Become Seventh-Largest in Just Two Months In the fast-paced world of cryptocurrencies, a new player has emerged as a force to be reckoned with. USD1 stablecoin, a digital asset pegged to the US dollar, has made waves by swiftly climbing the ranks to become the seventh-largest stablecoin in the market, all […]
Tether plans US-based stablecoin launch by 2025
Tether Plans US-Based Stablecoin Launch by 2025 Tether, one of the leading names in the cryptocurrency world, is gearing up for a significant move by planning the launch of a US-based stablecoin by the year 2025. This development marks a notable shift for Tether, known for its international array of products, as it sets its […]
SEC closes PayPal stablecoin probe with no action
SEC Closes PayPal Stablecoin Probe with No Action The Securities and Exchange Commission (SEC) recently announced the closure of its investigation into PayPal’s stablecoin, PYUSD, with no further action to be taken. This decision comes in the wake of PYUSD experiencing a significant 75% rise in supply throughout the course of this year. The surge […]
The stablecoin market remains largely dominated by Tether
Tether Continues to Reign Supreme in the Stablecoin Market Stablecoins have become a crucial element in the world of cryptocurrencies, providing traders and investors with a reliable digital asset pegged to a stable reserve. While competition in the stablecoin market has been heating up, one player has managed to maintain its dominance: Tether. Despite the […]
Abu Dhabi institutions plan a dirham-pegged stablecoin
Abu Dhabi Institutions Plan a Dirham-Pegged Stablecoin In a move set to revolutionize the financial landscape of the United Arab Emirates, institutions in Abu Dhabi are gearing up to launch a dirham-pegged stablecoin. This innovative digital currency is poised to bring a new level of stability and efficiency to the region’s financial markets. One of […]
Mastercard launches stablecoin payment support
Mastercard Pioneers the Future of Payments with Stablecoin Transaction Support In the fast-paced world of digital transactions, Mastercard has once again taken a groundbreaking step by launching stablecoin payment support. This strategic move comes at a time when stablecoin transactions are gaining momentum, offering users a seamless and secure way to engage in crypto payments. […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]
Stablecoin giant Circle unveils new remittance network
Circle, the stablecoin giant, has made waves once again in the world of finance with the unveiling of its cutting-edge remittance network. This new launch marks a significant milestone for the company as it shifts its focus towards revolutionizing remittances and cross-border payments on a global scale. With a unique and innovative approach, Circle aims […]