Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to…
It's early days for the global dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for…
Key Points:The GENIUS stablecoin bill may significantly impact U.S. Treasury demand.Potential expansion of dollar’s dominance globally.Stablecoin market’s growth could be fast-tracked.
According to The Block, the GENIUS stablecoin bill, expected to…
David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing.“We have every expectation…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureHong Kong’s Legislative Council has passed the long-anticipated Stablecoins Bill, establishing a licensing regime for fiat-referenced stablecoin (FRS)…
Binance is listing World Liberty Financial USD (USD1), a new fiat-backed stablecoin. It is worth noting that World Liberty financial is backed by Trump family and is holding other crypto…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureThe United States Senate made a significant move toward regulating the crypto asset industry this week by advancing…
Guatemala's largest bank, Banco Industrial, has adopted blockchain firm SukuPay's stablecoin rails for customers to send remittances from the U.S.SukuPay will allow Guatemalans to receive funds from the U.S. for…
Key Points:Bipartisan interest in stablecoin regulation increases.
The GENIUS Act defines stablecoin issuer regulations.
Potential global impact on cryptocurrency regulation.Senate Advances GENIUS Stablecoin Act
The U.S. Senate has voted…
Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers."Hong Kong’s stablecoins are backed by fiat currency as underlying assets,…