The U.S. Senate has passed the long-debated GENIUS Act, a bipartisan bill that introduces a comprehensive regulatory framework for stablecoins, signalling a major shift in the country’s approach to crypto payments. … [Read more...] about Senate clears stablecoin bill, setting foundation for U.S. digital currency market
Amazon and Walmart explore stablecoins to streamline global payments
Amazon and Walmart are exploring the launch of U.S. dollar-backed stablecoins, a move that could reshape how digital transactions flow through the global e-commerce sector, according to people familiar with the matter cited by the Wall Street Journal. … [Read more...] about Amazon and Walmart explore stablecoins to streamline global payments
Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms