Tag: #GENIUS Act

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Stablecoins

Crypto News: Circle Updates Its Terms Of Service To Allow “Legal” Purchase Of Certain Weapons

Circle updates USDC terms to permit legal firearm purchases, sparking debate on crypto policy and Second Amendment rights.   Circle, the company behind the USDC stablecoin,...
Exchange News

Crypto News: Coinbase Asks Treasury to Align GENIUS Act Rules with Congressional Intent

Coinbase urges the U.S. Treasury to align GENIUS Act rules with congressional intent, focusing on stablecoin issuers and tax treatment.   Coinbase has urged the U.S....
Industry and Adoption

Crypto Banking Race Heats Up: Erebor Approved, Sony Files for Federal Charter

Erebor receives a federal bank charter, and Sony files for one, intensifying competition in the U.S. crypto banking sector amid stablecoin growth.   The race in...
Stablecoins

No Longer $3 Trillion: Citi Increases 2030 Stablecoin Market Cap Prediction

Citi projects the stablecoin market to hit $4T by 2030, fueled by regulation, payment adoption, and rising global usage despite slow institutions. Citi, one of...
Exchange News

Stablecoins Affecting The US Banking System “Is A Myth,” Coinbase Claims

Coinbase has rejected claims that stablecoins drain U.S. bank deposits. Here’s what Coinbase’s Faryar Shirzad had to say.   Coinbase is pushing back against long-standing claims...
Market News

There Is A Loophole In The GENIUS Act That Could “Devastate” Small Banks: Alabama Senator

Alabama Senator Keith Kelley warns the GENIUS Act could drain deposits from small banks and put rural economies at risk.   Alabama State Senator Keith Kelley...
FinTech

Rather Than Fear Stablecoins, Offer Your Customers Better Rates, Matt Hougan Says About Banks

Bitwise CIO Matt Hougan urges banks to raise deposit rates to compete with stablecoins, potentially reshaping savings and lending dynamics.   Banks should raise deposit rates...
Market News

Paxos Proposes USDH Stablecoin with Revenue Sharing to Back Hyperliquid Growth

Paxos introduces USDH proposal, combining compliance, revenue-sharing, and HYPE buybacks to strengthen Hyperliquid’s growth. Stablecoin issuer Paxos has submitted a proposal to launch USDH, a...
Bitcoin News

The Famous “Bitcoin OG” Whale Now Holds $3.8 Billion ETH After Weekend Buying Spree

The famous OG Bitcoin whale recently moved $435 million into Ethereum and has raised its ETH holdings to $3.8 billion. What does this Bitcoin...
Market News

Citi Warns Stablecoin Yields Could Drain $6.6 Trillion From Banks

Citi is now warning that stablecoin yields could trigger $6.6T in bank deposit outflows. This is happening as regulators, banks, and crypto firms continue...
Market News

The Stablecoin Market Could Hit Trillions Of Dollars Soon, Goldman Sachs Says

Goldman Sachs recently predicted the stablecoin market will grow from $271B to trillions in a few years. What drives this change? Goldman Sachs has predicted...
Altcoin News

Tether Cracks Down on Terror Tied Wallets With $1.6M USDT Freeze

Key Insights: Tether froze $1.6 million in USDT tied to terror-linked wallets used by Gaza’s BuyCash network. The company has now blocked over 5,000...
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