Senators Kirsten Gillibrand and Cynthia Lummis are spearheading a significant legislative effort aimed at refining the regulation of stablecoins, a type of cryptocurrency pegged to stable assets like the U.S. dollar. Their proposed bill is poised to introduce comprehensive guidelines that will regulate stablecoin issuances and ensure robust consumer protections while fostering … [Read more...] about Stablecoin Oversight: U.S. Senators Propose Clear Guidelines
RFK Jr. advocates for bitcoin-backed dollar and tax abolition
In a recent groundbreaking announcement, Robert F. Kennedy Jr. (RFK Jr.) has suggested a revolutionary approach to modern financial systems – the backing of the US dollar with Bitcoin. This unprecedented move, as reported by TheStreet, would not only give a new foundation to the world's most used currency but also align it with the digital age's most prominent cryptocurrency. … [Read more...] about RFK Jr. advocates for bitcoin-backed dollar and tax abolition
Robinhood to delist ADA, MATIC and SOL
Robinhood, a US-based popular trading platform, has decided to delist Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th - the three tokens that were identified as securities by the Securities and Exchange Commission (SEC) in the recent lawsuits against Binance and Coinbase. … [Read more...] about Robinhood to delist ADA, MATIC and SOL
SEC brings charges against Binance and founder Changpeng Zhao
The US regulator files 13 charges against the world's largest cryptocurrency exchange … [Read more...] about SEC brings charges against Binance and founder Changpeng Zhao
The U.S. sets framework on regulating crypto
New directives are aimed at developing financial services infrastructure, simplifying cross-border payments and addressing fraud … [Read more...] about The U.S. sets framework on regulating crypto
Treasury Secretary nominee Janet Yellen sees cryptocurrency benefits
Janet Yellen believes digital assets could boost efficiency of the financial system, but also sees underlying risks. … [Read more...] about Treasury Secretary nominee Janet Yellen sees cryptocurrency benefits
Mayor of Miami open to putting some city reserves into bitcoin
Mayor Francis Suarez would consider transferring part of city treasury’s reserves into bitcoin, calling it a stable investment … [Read more...] about Mayor of Miami open to putting some city reserves into bitcoin
US banks given permission to use blockchain infrastructure and issue stablecoins
Federally chartered banks are allowed to participate in independent node verification networks and use stablecoins for payment activities … [Read more...] about US banks given permission to use blockchain infrastructure and issue stablecoins