Key Points:U.S. Bancorp’s crypto custody business rejuvenated under Gunjan Kedia’s leadership.Institutional demand for crypto resurges following new policies.Bank explores stablecoin opportunities amidst industry growth.
Gunjan Kedia, U.S. Bancorp’s President, announced at…
Key Points:U.S. Treasury Secretary Basant predicts over $2 trillion stablecoin market by 2028.Legislative support expected to boost global dollar use.No immediate official reactions or opposing statements from industry leaders.
Secretary Basant…
Key Points:U.S. customs tariff revenue hit $23 billion in May.Represents a 270% increase year-over-year.Tariff revenue accounted for 3% of government spending.
The U.S. Treasury Department reported a record $23 billion in…
Key Points:U.S. Treasury Secretary expects stablecoins to hit $2 trillion.Stablecoin growth to foster global dollar dominance.Potential boost to U.S. Treasuries of over $1 trillion.
During a recent Senate hearing, U.S. Treasury…
Key Points:U.S. weighs extending tariff suspension amid global trade talks.Short-term relief expected in financial markets.No immediate crypto disruptions linked to tariff news.
Treasury Secretary Besent announced on June 12 that the…
Key Points:Stripe has acquired Privy, further advancing Web3 capabilities in payments.Privy will operate independently post-acquisition by Stripe.The acquisition enhances crypto wallet integration for Web3 services.
Stripe and Privy have announced an…
Key Points:Softer U.S. CPI figures spark Bitcoin rally.Market eyes Federal Reserve’s monetary policy moves.Bitcoin’s price increased due to inflation expectations.
The U.S. Consumer Price Index for May 2025 showed lower-than-expected inflation,…
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…
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…
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…
