Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push …
Stablecoin
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Markets
StraitsX Launches Its Singapore-Dollar Pegged Stablecoin, XSGD, on XRP Ledger
by shayaanby shayaanCrypto infrastructure provider StraitsX debuted its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to cater to growing demand for regulated …
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Markets
Senate Dems Gear Up Resistance as Stablecoin Bill Meets Test Most Think Will Succeed
by shayaanby shayaanA key crypto bill has opened a rift among Senate Democrats as another big test approaches for the viability of legislation to …
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Markets
World Liberty's Stablecoin Now Available on Multiple Networks Via Chainlink
by shayaanby shayaanWorld Liberty Financial’s USD1 stablecoin is now operable across multiple blockchains through an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the companies …
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Tether has launched its USD₮ stablecoin natively on the Kaia blockchain, enabling integration directly within LINE Messenger— one of Asia’s top messaging …
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Despite recent setbacks, U.S. legislation to regulate stablecoin issuers may be heading toward debate and passage next week, according to the backers …
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Regulation
Senate Stablecoin Bill Makes Progress With New Draft—Here’s What’s In It
by shayaanby shayaanAmidst the nail-biter, week-long drama over whether the Senate’s GENIUS Act is really dead or not, progress appears to have been made …
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After the GENIUS Act failed in the Senate last week, legislators added a few bipartisan amendments. These represent significant concessions to the …
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Regulation
US Senators Make Potential Progress on Stablecoin Bill Amid Partisan Negotiations: Report
by shayaanby shayaanA proposed law to establish a US regulatory framework for stablecoins may soon head back to the floor after Senate negotiators reportedly …
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Regulation
Revised GENIUS stablecoin bill heads to senate, bars Big Tech from issuing tokens
by shayaanby shayaanThe US Senate is preparing to vote next week on a revised version of the GENIUS Act, a stablecoin-focused bill that has …