Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year.
According to the agencies’ operations plans, staff are expected to return to work the day after the “enactment of appropriations legislation,” which occurred late on Wednesday.
The British pound needs digital rails to remain competitive with the dollar and euro as the world shifts to onchain and internet-native finance.
A pre-Christmas Fed rate cut could boost spending, shift bond yields, lift risk assets and increase demand for crypto.
Arjun Sethi criticized the UK’s crypto regulations for burdening users with excessive disclaimers, saying they worsen customer experience.
Japan’s first yen stablecoin issuer, JPYC, said growing demand could make stablecoin reserves a new force in the country’s bond market.
US President Donald Trump signed the bill ending the record 43-day government shutdown and resuming federal operations.
The House passed a funding bill to end the longest US government shutdown in history, which had previously delayed crypto ETF approvals and key crypto bills.
With crypto markets failing to meaningfully rally toward the end of 2025, it only sets up 2026 for more upside, according to Bitwise’s Matt Hougan.
After a jury deadlocked on a verdict for two brothers accused of perpetrating a $25 million exploit on Ethereum, prosecutors are looking to retry them in 2026.