A dormant Bitcoin wallet from the Satoshi era transferred $9.6 billion in BTC, triggering market analysis about potential strategic repositioning amid new regulatory developments. The timing coincides with legislative scrutiny under the proposed GENIUS Act, which mandates stringent audits for… Read More »Bitcoin Whale Shifts $9.6 Billion as GENIUS Act Spurs Market Reevaluation
The global cryptocurrency market capitalization has achieved a historic milestone, breaking through the $4 trillion threshold fueled by institutional investment inflows and significant regulatory advancements. Bitcoin spearheaded the rally by climbing above $120,350—a 30% monthly surge—while 96 of the top… Read More »Crypto Market Cap Surpasses $4 Trillion Milestone on ETF Inflows and Regulatory Breakthroughs
The US House of Representatives has passed groundbreaking federal cryptocurrency legislation known as the GENIUS Act, establishing comprehensive new rules for the issuance and operation of stablecoins within the United States. The core mandate of the legislation requires all stablecoin… Read More »US House Passes GENIUS Act, Setting Federal Regulatory Framework for Stablecoins
The European Union has imposed sanctions on the Russian ruble-backed stablecoin A7A5 and associated financial networks in response to alleged cryptocurrency-enabled election interference and illicit financing linked to pro-Russian influence campaigns. The sanctions specifically target crypto infrastructure facilitating pro-Russian operations,… Read More »EU Sanctions Russian Stablecoin A7A5 Over Election Meddling and Illicit Finance
Republican lawmakers are accelerating efforts to pass the GENIUS Act before the August recess, aiming to establish the first federal regulatory framework for stablecoins. The legislation has secured bipartisan support but faces heightened scrutiny due to former President Donald Trump’s… Read More »Republicans Advance GENIUS Act for Stablecoin Regulation Ahead of August Recess
Europe’s Markets in Crypto-Assets (MiCA) regulation is strengthening the region’s cryptocurrency sector by enhancing compliance standards, granting firms competitive advantages, and inspiring regulatory frameworks globally. MiCA compliance provides crypto businesses strategic benefits through stricter Anti-Money Laundering protocols, fostering institutional trust… Read More »MiCA Regulation Bolsters Europe’s Crypto Market with Compliance Framework Influencing Global Standards
The US House Committee is embroiled in contentious deliberations over pivotal cryptocurrency legislation, including the GENIUS Act, as stark partisan differences surface. Republican members advocate for rapid adoption to secure American leadership in digital finance, while Democrats express deep reservations… Read More »House Committee Debates Key Crypto Bills Amid Partisan Divide Over GENIUS Act
The US House of Representatives has designated this week as ‘Crypto Week,’ focusing efforts on advancing three significant pieces of digital asset legislation. The agenda aims to balance innovation in the cryptocurrency sector with enhanced investor protection. Votes on the… Read More »US House Advances Crypto Regulation Package in ‘Crypto Week’
Binance is reportedly playing a strategic role in the creation and promotion of the USD1 stablecoin, a project launched by World Liberty Financial (WLF) with backing from former U.S. President Donald Trump. This development carries substantial implications for the competitive… Read More »Binance Takes Strategic Role in Trump-Backed USD1 Stablecoin Initiative Amid Regulatory Shifts
House Republicans are advancing three cryptocurrency-focused bills targeting stablecoin oversight, central bank digital currency restrictions, and regulatory jurisdiction clarity. The legislative push faces significant resistance from Democratic leaders, highlighting deepening partisan divisions over digital asset governance. The proposed GENIUS Act… Read More »House Republicans Advance Trio of Crypto Bills Amid Democratic Opposition
Binance faces intensified regulatory examination following its strategic role in promoting the USD1 stablecoin issued by World Liberty Financial (WLF), a company associated with former U.S. President Donald Trump and his family. The exchange’s involvement highlights growing concerns over cryptocurrency… Read More »Binance’s Promotion of Trump-Linked USD1 Stablecoin Faces Regulatory Scrutiny Amid Political Ties
The US House Financial Services Committee has designated the week starting July 14 as ‘Crypto Week’ to advance deliberation on three landmark cryptocurrency bills. This initiative seeks to establish regulatory clarity and promote industry innovation through targeted legislative reforms. Lawmakers… Read More »House Financial Services Committee Announces ‘Crypto Week’ for Key Digital Asset Legislation
The U.S. House of Representatives is poised to vote on the GENIUS Act, a pivotal bill establishing the first comprehensive regulatory framework for dollar-pegged stablecoins. This legislation represents a potential turning point for cryptocurrency oversight in the United States. The… Read More »U.S. House to Vote on Landmark GENIUS Act for Stablecoin Regulation
Ant Group, the financial technology affiliate of Alibaba, has announced plans to integrate Circle’s USDC stablecoin into its AntChain blockchain platform. This strategic partnership forms part of Ant Group’s broader initiative to advance digital financial tokenization services, pending necessary regulatory… Read More »Ant Group Pursues USDC Integration for AntChain Expansion
World Liberty Financial’s proposal to enable WLFI token trading has secured overwhelming community support, with 99% of participants voting in favor. The move aims to enhance market accessibility and unlock liquidity, with implementation slated for July 16. The Trump family… Read More »World Liberty Financial’s WLFI Token Gains 99% Trading Approval Amid Regulatory Uncertainty
Ripple has entered into a partnership with Bank of New York Mellon (BNY Mellon), appointing the institution as the primary custodian for the reserves backing its RLUSD stablecoin. The collaboration leverages BNY Mellon’s extensive banking infrastructure and regulatory expertise, aiming… Read More »BNY Mellon Named Primary Custodian for Ripple’s RLUSD Stablecoin Reserves
A pivotal US Senate hearing this week may signal forthcoming regulatory directions for Ripple and stablecoin oversight, with key industry leaders including Ripple CEO Brad Garlinghouse and Blockchain Association CEO Summer Mersinger scheduled to testify. Their testimonies are expected to… Read More »US Senate Hearing to Shape Regulatory Path for Ripple and Stablecoins
Ripple has initiated an application process for a national bank charter, seeking to operate its RLUSD stablecoin under both state and federal regulatory jurisdictions. This strategic move aims to expand its stablecoin services beyond current New York Department of Financial… Read More »Ripple Pursues National Bank Charter to Expand RLUSD Stablecoin Under Federal Oversight
Ripple has formally applied for a national banking license in the United States, aiming to expand its USD-pegged RLUSD stablecoin operations and payment offerings. Securing the federal banking charter would permit Ripple to operate as a regulated financial institution, enabling… Read More »Ripple Seeks US National Banking Charter to Bolster Stablecoin and Payment Services
New York Attorney General Letitia James has proposed applying banking regulations to stablecoin issuers, including mandatory FDIC insurance requirements. This initiative aims to mitigate systemic risks and uphold financial system integrity by subjecting cryptocurrency firms to oversight standards equivalent to… Read More »New York AG Calls for Bank-Style Regulation of Stablecoin Issuers