Key Points:Paul Chan announces stablecoin regulations, digital asset trading data.Impacts digital currency trading volumes significantly.Hong Kong positions for enhanced crypto market leadership.
Hong Kong’s financial landscape is set to change as…
Billionaire investor Philippe Laffont on Thursday called the idea of a non-yielding stablecoin “outrageous,” as U.S. lawmakers advanced a bill that would bar issuers from offering interest-bearing dollar-pegged tokens.“How in…
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 has advanced major stablecoin legislation, passing a crucial procedural hurdle in a 68-30 vote. The legislation, which is known as the GENIUS Act, is widely expected to…
In a 68-30 vote, the US Senate chose to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, more than a month after it was introduced.Speaking…
Key Points:The CLARITY Act passes, heading for a House vote, impacting crypto.Regulatory clarity to encourage U.S.-based investment and involvement.Market reactions focus on potential increased institutional participation.
PANews reported on June 11…
Lawmakers on the US House Agriculture Committee voted in favor of the Digital Asset Market Clarity, or CLARITY, Act, advancing the bill further in Congress.In a 47-6 vote on Tuesday,…
The House Agriculture Committee sent a major bipartisan message with a 47-6 advancement of the U.S. crypto market structure bill on Tuesday, marking the first of several expected developments in…
California’s lower house has passed a sweeping crypto payments-regulating bill that would also allow the state to take idle crypto holdings from exchanges if an owner hasn’t accessed their account…
Key Points:California House approves crypto unclaimed property bill, moving to Senate.Assets remain encrypted, not liquidated.Concerns over privacy and asset control raised.
PANews reported that on June 5, the California House passed…