Lawmakers Blast Fed on Crypto Stance as FDIC Sets Stage for Stablecoin Rules A fiery clash in a recent U.S. congressional oversight hearing has put the Federal Reserve under the spotlight for its murky stance on digital assets, while the Federal Deposit Insurance Corporation (FDIC) prepares to roll out a game-changing national framework for stablecoin […]
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FDIC’s Travis Hill Lays Out Stablecoin Regulation Under GENIUS Act: A Game-Changer or Overreach? Stablecoins, the crypto world’s attempt at a stable bridge between chaotic markets and real-world utility, are on the cusp of a regulatory reckoning. On December 2, Travis Hill, acting Chairman of the FDIC Board of Directors, fired the starting gun by […]
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Cathie Wood Revises Bitcoin Target to $1.2M by 2030 as Stablecoin Adoption Soars Cathie Wood, the visionary CEO of Ark Invest and a staunch Bitcoin proponent, has adjusted her long-term price forecast for the crypto kingpin, scaling it back from an ambitious $1.5 million to a still-robust $1.2 million by 2030. This recalibration, driven by […]
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Bankers Demand Stablecoin Interest Ban: ABA Pushes Treasury on GENIUS Act Enforcement The American Bankers Association (ABA), backed by 52 state bankers associations, has fired a shot across the bow of the crypto world, urging the U.S. Department of the Treasury to enforce the GENIUS Act’s ban on interest or yield for payment stablecoins. Their […]
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Canada Races to Regulate Stablecoins Before November 4 Budget Amid U.S. Pressure Canada is in a high-stakes sprint to finalize stablecoin regulations before the federal budget drops on November 4, driven by the looming shadow of U.S. dominance in digital finance and the urgent need to safeguard its financial sovereignty. With U.S. dollar-pegged stablecoins ruling […]
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Tether Aims for $15 Billion Profit by 2025: Regulatory Wins and Stablecoin Strategy Tether Holdings Ltd, the force behind USDT, the world’s leading stablecoin, has set an audacious target of $15 billion in net profit by the end of 2025. With a favorable regulatory shift in the US, skyrocketing adoption, strategic partnerships, and bold product […]
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SEC Crypto Innovation Exemption 2025: A Lifeline for U.S. Blockchain Developers? The U.S. Securities and Exchange Commission (SEC) has dropped a bombshell that could reshape the future of crypto in America: a proposed “innovation exemption” set for rollout by late 2025 or early 2026. Under new Chair Paul Atkins, this initiative aims to stop the […]
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USDC Reversible Transactions Ignite Backlash as Stablecoin Wars and Senate Battles Intensify Stablecoins are back in the spotlight, stirring both excitement and outrage across the crypto sphere. Circle’s bold proposal to introduce reversible transactions for USDC has sparked a fierce debate about blockchain’s core principles, while Tether teases a new U.S.-focused stablecoin, USAT, amid whispers […]
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Trump Signs the GENIUS Act: Stablecoins Get the Green Light, But What’s the Real Cost? Marking a historic turn for cryptocurrency in the United States, Donald Trump has signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS Act, into law as Public Law No: 119-27 on July 18, 2025. This is […]
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Crypto Advocates and Banks Square Off Over Regulations That Could Crush Innovation A seismic clash is underway in the U.S. financial sector as crypto champions, including the Crypto Council for Innovation (CCI) and the Blockchain Association, take on traditional banking powerhouses over proposed regulations that threaten to reshape the digital asset landscape. The fight revolves […]
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