Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Clarity Act stalls as Senate runs out of time before August recess
The U.S. crypto industry’s push for comprehensive market-structure legislation is facing another delay as the Senate approaches its August recess without a final deal on the CLARITY Act. … [Read more...] about Clarity Act stalls as Senate runs out of time before August recess
Stablecoins take center stage as regulators and institutions shape crypto’s future
The cryptocurrency industry's attention remains firmly fixed on stablecoins as regulators, financial institutions, and blockchain companies intensify efforts to shape the future of digital payments. … [Read more...] about Stablecoins take center stage as regulators and institutions shape crypto’s future
Senate unveils latest Clarity Act draft as crypto market rules head to markup
The U.S. Senate Banking Committee has released the latest text of the Digital Asset Market Clarity Act, putting one of Washington’s most closely watched crypto market-structure bills back on the legislative calendar. … [Read more...] about Senate unveils latest Clarity Act draft as crypto market rules head to markup
Chainlink brings U.S. stock market data onchain
Chainlink has launched a major expansion of its Data Streams product, bringing 24/5 U.S. equities and exchange-traded fund (ETF) market data onchain and opening access to the roughly $80 trillion U.S. stock market for decentralized finance applications. … [Read more...] about Chainlink brings U.S. stock market data onchain
Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Senate Democrats, crypto leaders clash over sweeping digital assets bill
Tensions rose during a closed-door meeting Wednesday between Senate Democrats and leading crypto executives as negotiations over a major digital assets bill intensified on Capitol Hill. … [Read more...] about Senate Democrats, crypto leaders clash over sweeping digital assets bill
Binance is nearing a deal to remove DOJ compliance monitoring
Binance, the world's largest cryptocurrency exchange, is in talks with the US Department of Justice to potentially ease a key oversight requirement in its $4.3 billion money laundering settlement. This move is part of a broader trend by the DOJ to reconsider the use of independent monitors for corporations. … [Read more...] about Binance is nearing a deal to remove DOJ compliance monitoring