Tag: #GENIUS Act

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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...

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...

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...

Trump Signs The GENIUS Act Into Law: Here’s What To Know

Key insights:  Trump signs the GENIUS Act, the first U.S. law regulating stablecoins, allowing banks and fintechs to issue them. GENIUS Act mandates 1:1...

Memecoin Season Is Returning, And Here’s Why

Key Insights: The recent passage of the GENIUS Act has provided regulatory clarity for digital assets. Bitcoin has been stalling, and investors are rotating...

No Bitcoin Reserve: Arizona Governor Vetoes Crypto Reserve Bill For The Third Time

Key Insights: Arizona Governor Katie Hobbs has vetoed House Bill 2324, with more rejections possible in the future. This bill was a proposal to...

GENIUS Act Advances as Senate Momentum Builds Stronger

A 3/4 Senate pushes with the stablecoin GENIUS Act. Bill gains bipartisan support with 16 Democrats voting yes.  Revised GENIUS Act addresses Big...
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