Circle’s CEO Predicts China’s CBDC to Facilitate Yuan Stablecoin
Michael ScottDespite China banning the utilization of cryptocurrencies, stablecoins may have a significant role in its national currency’s growth. Jeremy Allaire…
Circle CEO Warns Congress of Looming Threat to US Dollar
Circle chief executive Jeremy Allaire warned Congress that US dollar dominance is quickly declining as other jurisdictions outpace the country's…
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93% Of Banks Are Actively Exploring CBDC Development – Survey
George WardCentral bank digital currency (CBDC) is increasingly becoming an object of interest among financial players from different jurisdictions. According to…
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MiCA’s Stablecoin Transaction Cap to Hinder Crypto Adoption
Legal experts are critical of the €200 million daily cap that Markets in Crypto Assets (MiCA) legislation imposes on the…
Ex-SEC and CFTC Chairs Propose New Crypto Regulatory Approach
Amid the ongoing security clampdown on leading cryptocurrencies, ex-U.S. Securities and Exchange Commission (SEC) chair Jay Clayton and former Commodity…
UK Reform Bill Gets Royal Assent, Crypto Trading Considered Regulated Financial Activity
The UK government press release on Thursday, June 30, reveals approval of reforms to the Financial Services and Markets Bill…
Tether Partners with Georgia to Develop Bitcoin P2P Infrastructure
The issuer of the leading stablecoin USDT by market capitalization announced signing a memorandum of understanding (MoU) to collaborate with…
Fed Chair Powell Labels Bitcoin as Asset Class, Citing’ Staying Power
The Federal Reserve chair Jerome Powell affirmed that payment stablecoins are money forms though emphasized that the central bank is…
Senator Lummis Reveals Efforts To Implement Crypto Regulation
Recognizing the pressing need for more action following the swift evolution and widespread embrace of digital assets, Senator Cynthia Lummis…
Stablecoin Issuer Tether Invest In El Salvador’s $1B Energy Park
Tether, the world's largest stablecoin issuer, recently announced that it is becoming a first-round investor in El Salvador's renewable energy…
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Kraken Canada Sees 25% Increase In Customer Deposits Following Binance’s Exit
Kraken, the prominent cryptocurrency exchange, is capitalizing on its decision to remain in Canada while its competitors, including Binance and…
Chinese Police Detain CNHC Stablecoin Issuer Executives
The publication by PANews on Wednesday, May 31 confirms that Trust Reserve executives are among the individuals arrested by the…
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Ron DeSantis Warns that Reelecting Joe Biden Will Kill Bitcoin
Florida Governor Ron DeSantis warned that reelecting Joe Biden is a catastrophic ending of Bitcoin. Speaking in a Twitter Spaces…
Bitcoin Payment Platform Strike Integrates USDT
The prominent Bitcoin payment firm and remittance app, Strike, has launched a USDT for payment settlements. This significant step for…