Stablecoin Yield Ban Would Barely Boost Bank Lending, White House...
A White House report finds banning stablecoin yield would barely boost bank lending but could cost users $800 million annually, as debate over crypto regulation intensifies.
A White House report finds banning stablecoin yield would barely boost bank lending but could cost users $800 million annually, as debate over crypto regulation intensifies.
South Korea’s ruling party is reportedly drafting rules to treat stablecoins as FX payments and require trust-backed reserves for tokenized assets.
Thailand’s SEC has proposed new rules to extend approval requirements to financiers behind major crypto shareholders to improve oversight and reduce money laundering risks.
The New York Times investigation by John Carreyrou points to Adam Back, the British cryptographer behind Hashcash, as possibly being Satoshi Nakamoto, citing stylometric patterns.
Bitcoin rises 7% to $72,700 after the US and Iran agreed to a two-week ceasefire, triggering $431 short liquidations.
Cathie Wood’s ARK Invest snapped up $13 million in Robinhood shares after the trading platform was chosen to run “Trump Accounts,” a government-backed savings program for US children.
UBS has partnered with some of the largest Swiss banks to launch a sandbox for a Swiss franc stablecoin and grow the country’s digital payment ecosystem.
Ethereum’s onchain stablecoin value reached a record $180 billion, with projections pointing to as much as $1 trillion by 2030.
Three Polymarket traders profited $484,575 on a market related to the US and Iran agreeing to a ceasefire by Tuesday, raising concerns of possible insider trading.
Coinbase has been granted an Australian Financial Services License, allowing it to offer crypto and equity perpetuals in Australia and opening the door to futures and other financial products.
ETH price remains steady above $2,000 as derivatives show buyer dominance and spot ETFs see inflows.
The Morgan Stanley Bitcoin Trust will launch on the NYSE Arca stock exchange on Wednesday, making it the first bank to offer a Bitcoin ETF in the US.
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