Coinbase rejected claims that stablecoins drain US bank deposits, arguing most activity happens overseas and boosts the US dollar’s global strength.
The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain.
Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules.
The House Rules Committee could add the CBDC bill to the final version of the market structure bill, but it may not impact the Senate’s own version of the legislation.
The DOJ is reportedly considering lifting a three-year compliance monitor imposed under Binance’s $4.3 billion settlement.
The company’s chief legal officer urged federal officials to push Congress for certain provisions in a pending market structure bill to prevent what it called “state blue-sky laws.”
Crypto braces for a Fed rate cut as Washington tussles over central-bank independence; traders bet easier policy lifts risk appetite for BTC, ETH, SOL.
UBS, Sygnum Bank and PostFinance completed a blockchain study proving the technology’s efficacy for bank deposits and institutional payment infrastructure.
France’s securities regulator is considering attempting to ban European license “passporting” over concerns related to MiCA regulation enforcement gaps in other EU countries.
UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce.