This is a segment from the Empire newsletter. To read full editions, subscribe.If spending $1.1 billion wasn’t enough of a sign that Stripe is serious about stablecoins and gaining market…
The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing…
House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a largely bipartisan effort to advance stablecoin legislation ran…
The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s chance of passage that may have further negative consequences for…
In what would be a major development for both the company and the cryptocurrency market, Meta Platforms (META) is reportedly discussing the possibility of integrating stablecoins into its operations in…
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Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said…
The U.S. Senate’s failure to advance the GENIUS Act on Thursday sparked a sharp rebuke from the Treasury Secretary Scott Bessent, who warned that the decision could erode America’s leadership…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureGlobal payments firm Stripe has launched a new crypto stablecoin-powered money management product, deepening its push into blockchain-based…