Republican senators have released principles to guide digital asset market structure legislation, marking a significant step toward regulatory clarity that could benefit Bitcoin and the broader crypto industry. Senate Banking…
In brief
The bill requires stablecoin reserves to be backed 1:1 by cash or short-term U.S. Treasuries, with Citibank projecting issuers could hold $1.2 trillion in Treasuries by 2030.
Experts warn of…