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Crypto hails Senate vote on stablecoin bill as a major victory
The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,
Senate stablecoin bill would unleash crypto banks nationwide
As the Senate stands poised to pass a landmark bill establishing rules for stablecoin issuers, a provision allowing state-chartered uninsured banks to operate in states without prior approval is drawing concern from observers and opposition from state regulators.
What's at stake as the Senate takes its first major step toward crypto regulation
The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of cryptocurrency pegged to the U.S. dollar. With companies like Amazon and Walmart exploring their own digital currencies,
Stablecoin infrastructure startup Ubyx has raised $10 million in seed funding led by Galaxy Ventures to standardize ...
The CoinDesk Overnight Rates (CDOR) convert USDC and USDT stablecoin borrowing data on Aave into daily benchmarks to support ...
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares ...
The House is out for a Juneteenth recess this week, and the Senate will be working an abbreviated week with the goal of ...
Ubyx, backed by Peter Thiel's Founders Fund and other top investors, raises $10M to build a global stablecoin clearing system ...
The U.S. investment bank has submitted a regulatory filing–a project proposal that some crypto industry experts say could be ...
The application was filed by JPMorganChase on June 15, according to the USPTO’s website. The application listed “JPMD” as a ...
European stablecoin issuer Quantoz Payments' CEO Arnoud Star Busmann speaks to Invezz about what gives it an edge over US ...
David Zaslowsky of Baker McKenzie discusses developments toward a legal framework for digital assets and integration of them ...
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