Key Points:The U.S. Senate advanced the GENIUS Act on June 11, significant for stablecoin regulation.Cloture vote allows a final vote on stablecoin oversight.Major impact anticipated on stablecoin issuers and market…
The U.S. Senate made a key move to regulate crypto, approving its first big vote 68-30 in favor of the GENIUS Act, a bill that targets establishing clear guidelines for…
The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin…
Key Points:Yellen emphasizes stablecoin regulation for U.S. dollar dominance.Event took place on June 12, 2025.Stablecoins tied to USD face potential regulatory changes.
Janet L. Yellen, U.S. Treasury Secretary, reiterated on June…
PayPal has announced its intent to expand its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), to the Stellar blockchain network—pending final regulatory approval from the New York State Department of Financial…
Ether (ETH) drifted around $2,770 for most of Tuesday until roughly 8 p.m. ET, when officials said negotiators in London had forged a draft U.S.–China trade framework. The outline…
Key Points:Profound risks due to the unresolved debt ceiling issue.Potential shifts in U.S. fiscal policy amid debt default fears.Cryptocurrencies may gain as alternative hedges in financial strains.
The U.S. Treasury has…
Ondo Finance has introduced its Ondo Short-Term U.S. Government Treasuries (OUSG) on XRP Ledger (XRPL). This is a large move by ONDO in the integration of traditional finance and blockchain…
Bitcoin mining firm Bitdeer (BTDR) increased its self-mining capacity and expanded its international operations in May, according to the company’s monthly update.The Singapore-based firm mined 196 BTC last month…
Key Points:SEC praises DeFi’s alignment with American values at recent roundtable.Binance founder CZ declares June 9 as “DeFi Day.”Institutional interest in DeFi likely to increase following positive regulatory tone.
Zhao Changpeng…