Kyrgyzstan launched USDKG, a gold-backed stablecoin, shifting focus from central bank digital currency (CBDC) to asset-backed digital alternatives. USDKG aims to build …
Stablecoin
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Since the law regulating the taxation of crypto capital gains was introduced in Italy, one of the major doubts that has always …
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Regulation
Senator Hagerty’s New Stablecoin Bill Moves One Step Closer to Becoming Law After Passing Out of Committee
by shayaanby shayaanThe stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after securing support …
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Galaxy head of research Alex Thorn believes the GENIUS Act could favor Tether by allowing it to operate under relatively flexible conditions. …
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Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today. Ardoino …
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Finance
Tether and Circle Face Rising Competition as Major Banks Eye Stablecoin Launches
by shayaanby shayaanThe role of stablecoins is expanding beyond the crypto market and attracting attention from traditional financial institutions. Meanwhile, new regulations from Europe …
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Regulation
Senate Banking Committee passes GENIUS Act with bipartisan support, advancing stablecoin regulation
by shayaanby shayaanThe Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate …
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Markets
U.S. Senate Banking Committee Advances Stablecoin Bill with Bipartisan Support; Full Senate Vote Next
by shayaanby shayaanUnder President Trump’s encouragement for the crypto sector, the U.S. Senate Banking Committee has successfully pushed forward a bill regulating stablecoins. This …
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Scams
Senate Stablecoin Bill Passes Out of Committee With Strong Bi-Partisan Support
by shayaanby shayaanThe U.S. Senate Banking Committee voted in favor of advancing the stablecoin-focused GENIUS Act to a full Senate vote Thursday, with the …
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DeFi
Aave launches EURC stablecoin on Base to be used as collateral for lending and borrowing
by shayaanby shayaanAave has launched MiCA-compliant EURC stablecoin on Base, enabling users to use it as collateral for lending and borrowing. The decentralized lending …