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…
Ripple CEO Brad Garlinghouse has taken to the X social media network to urge US senators to pass pivotal stablecoin legislation. "The sooner that the US can pass workable, clear…
In brief
Treasury Secretary Scott Bessent called the Senate’s failure to advance the GENIUS Act a missed chance to secure U.S. leadership in stablecoin regulation.
The bill collapsed after last-minute Democratic defections,…
Crypto rallies, US-China trade talks to begin, FOMC decision today
FOMO HOUR EP352BTC: 97k (+3%), ETH: 1840 (+2%), SOL: 147 (+2%).
Top Gainers: LTC, STX, WLD, FET, QNT.
BTC ETFs: -$86mn, ETH ETFs:…
Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.The Facebook parent held talks…
