The U.S. Senate is making a meaningful step toward addressing the regulation of stablecoins with the advancement of the GENIUS Act. This legislation represents a key opportunity to help set the right crypto regulatory framework to foster innovation and protect consumers. It establishes a strong global precedent on the oversight...
There is a lot of excited chatter in the crypto space as optimism returns. Growing stablecoin adoption, growing bipartisan support in government, and the hope brought by clearer regulatory frameworks are fueling this optimism. This rush of positive sentiment is a strong signal that digital assets are becoming widely accepted....
Southeast Asia's crypto scene is buzzing. Now picture those same creative marketplaces in the Philippines, vibrant hubs of digital art NFTs being exchanged through crypto. Imagine Vietnamese Gen Z individuals using cryptocurrency to take advantage of international investment opportunities or Indonesian entrepreneurs funding their businesses through DeFi loans. It’s a...
World Liberty Financial's (WLF) recent unveiling of its USD1 stablecoin has sparked considerable discussion and raised regulatory questions, largely due to former President Donald Trump's connection to the project. That’s a big deal because 127,971,165 tokens are already in circulation. USD1 is on a mission to stake its claim to...
Dutch banking giant ING is making waves in the crypto space with its euro-backed stablecoin initiative. This move, in collaboration with other traditional financial institutions and crypto service providers, signals a significant shift in how established banks are approaching digital assets. After the European Union adopted the groundbreaking Markets in...
The EU, under the aegis of its Markets in Crypto-Assets (MiCA) regulation, believes it is constructing an impenetrable trust bubble around stablecoins. What if it’s not public transportation but rather creating an elaborate gilded cage. That would stifle innovation and cede the future to the status quo. Have we just...
After the adoption of the Markets in Crypto-Assets (MiCA) regulation, European banks have shown increasing interest in stablecoin initiatives. This regulation has opened the door to regulated stablecoin issuance across the European Union (EU).One major example is Societe Generale, which launched its euro-backed stablecoin, EUR CoinVertible, to retail investors in...
Stablecoins have rapidly emerged as a major theme within the crypto industry. They are bringing the attention of all legislators and FDIC partners to them. These unique digital assets are intentionally created to be stable in value. Typically backed 1:1 by a fiat currency such as the US dollar, these...
Stablecoins—digital currencies tied to real-world currencies or assets, such as the U.S. dollar—are quickly developing into a key point of contention on Capitol Hill. The $230 billion stablecoin industry would benefit greatly from Donald Trump’s promise. His vision for the U.S. would make it the world’s “crypto capital of the...
Why is Congress so laser-focused on stablecoins? At a time when families can barely make ends meet with inflation, and global tensions are flaring, our elected officials are in a hurry to regulate…stablecoins? It’s the equivalent of rearranging deck chairs on the Titanic, and quite honestly, it smells like a...
