The GENIUS Act, aimed at regulating stablecoins, has moved forward in the US Senate following a successful cloture vote. This signifies progress but also highlights ongoing debates surrounding crypto regulation and potential political influences.
Tag: Stablecoin
Senators Grill Meta on Stablecoin Plans Amid GENIUS Act Push
US Senators Warren and Blumenthal demand answers from Mark Zuckerberg regarding Meta’s potential stablecoin ventures amidst growing concerns over data privacy and the impending GENIUS Act vote.
Circle (CRCL) Soars on World Chain Integration and Brazil Partnership: What's Next for USDC?
Circle's stock experienced a significant jump following news of USDC integration with World Chain and a partnership with Brazilian fintech Matera. Here's a breakdown of the developments and their potential impact.
US Bancorp Eyes Stablecoins as Crypto Custody Business Revives Under Pro-Crypto Sentiment
U.S. Bancorp is actively exploring a potential role in the stablecoin market, coinciding with renewed interest in its crypto custody services, fueled by a more favorable regulatory outlook.
Stripe Acquires Crypto Wallet Developer Privy: What This Means for Stablecoins
Stripe’s acquisition of Privy signals a deeper dive into crypto, particularly stablecoins, as the payment giant expands its digital asset capabilities globally.