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
Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries
In a landmark move signaling its commitment to cryptocurrency, Trump Media and Technology Group, the operator of Truth Social, Truth+, and Truth.Fi, has announced a private placement offering that will raise approximately $2.5 billion to establish a significant Bitcoin treasury. The deal, one of the largest Bitcoin treasury acquisitions by any public company, underscores Trump … [Read more...] about Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries
Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors
Kraken, a prominent crypto exchange that has faced legal challenges from the U.S. Securities and Exchange Commission (SEC) over its digital asset offerings, is making a bold move into tokenized securities. The exchange announced plans to offer tokenized versions of over 50 U.S. stocks and exchange-traded funds (ETFs), including shares of major companies like Apple, Tesla, and … [Read more...] about Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors
Hashgraph’s global vision: Kamal Youssefi on scaling Hedera for enterprise and Web3 adoption
In a wide-ranging interview, The Hashgraph Association President Kamal Youssefi discusses enterprise governance, scaling Hedera's ecosystem, stablecoin infrastructure, and the strategic future of blockchain regulation. … [Read more...] about Hashgraph’s global vision: Kamal Youssefi on scaling Hedera for enterprise and Web3 adoption
Arizona advances crypto integration with bitcoin reserve law
Arizona has solidified its position as a trailblazer in the realm of digital assets by becoming the second U.S. state to enact a bitcoin reserve bill into law, following New Hampshire's recent legislative move. Governor Katie Hobbs signed House Bill 2749 on Wednesday, paving the way for the establishment of a crypto reserve fund. The legislation, championed by Representative … [Read more...] about Arizona advances crypto integration with bitcoin reserve law
New SEC chairman pledges clearer crypto rules to support innovation
Paul Atkins, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC), emphasized the need for clear regulatory guidance for the cryptocurrency sector during his first public remarks in office. Speaking at the SEC's crypto roundtable, Atkins criticized previous agency leadership for creating “regulatory uncertainty” that he said had hindered innovation. … [Read more...] about New SEC chairman pledges clearer crypto rules to support innovation