Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Stablecoin Yields Aren’t the Bank Killer: White House Report Debunks Fears A new study from the White House Council of Economic Advisers (CEA) has delivered a sharp rebuke to banking industry fears, concluding that stablecoin yields pose no real threat to bank lending or community banks in the United States. Amidst heated debates over crypto […]
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Stablecoin Volumes Could Hit $1.5 Quadrillion by 2035: Chainalysis Report Stablecoins, the steady workhorses of the crypto realm, are poised to potentially redefine global finance with transaction volumes projected to reach a mind-boggling $1.5 quadrillion by 2035. A recent report from blockchain analytics firm Chainalysis, titled “The $100 Trillion Wealth Shift,” lays out this audacious […]
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Chainalysis Forecast: $100 Trillion Wealth Shift to Crypto by 2048 with Stablecoin Surge Chainalysis, a titan in blockchain analytics, has dropped a bombshell projection: a staggering $100 trillion in wealth could transfer from Baby Boomers to crypto-savvy Millennials and Gen Z by 2048, potentially rewriting the rules of global finance. This seismic shift might just […]
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Banks and White House Clash Over Stablecoin Risks: A Financial Showdown A heated battle is brewing between traditional banking heavyweights and the U.S. government over the explosive growth of stablecoins—digital tokens tied to fiat currencies like the dollar. While the White House brushes off concerns about these assets disrupting the financial system, banks are raising […]
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Dubai’s VARA Sets a Bold Precedent with New Digital Asset Issuance Rules Dubai has fired a shot across the bow of the global crypto industry with the launch of the world’s first dedicated regulatory framework for virtual asset issuance. The Virtual Assets Regulatory Authority (VARA) has unveiled the Virtual Assets Issuance Rulebook, a comprehensive set […]
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North Korea Crypto Hacking: ZachXBT Exposes $1 Million-a-Month DPRK Scheme North Korea’s relentless pursuit of illicit crypto gains has been laid bare by crypto investigator ZachXBT, whose latest findings reveal a sophisticated network of DPRK-aligned IT workers infiltrating the DeFi and blockchain sectors. This operation, raking in over $1 million a month, exposes not just […]
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Morgan Stanley Launches MSBT: Cheapest Spot Bitcoin ETF in the U.S. Morgan Stanley has charged into the Bitcoin ETF fray with the launch of MSBT, a spot Bitcoin fund that’s turning heads with the lowest expense ratio in the American market at just 0.14%. Hitting the market on Wednesday, MSBT raked in $34 million in […]
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White House Stablecoin Report Ignites Firestorm as CLARITY Act Hangs in the Balance A new White House report on stablecoin yields has thrown a match into the already tense standoff between traditional banking and the crypto world, just as Senate negotiations over the CLARITY Act reach a critical juncture. The Council of Economic Advisers declares […]
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FDIC Unleashes 144-Question Overhaul for Stablecoin Regulation The Federal Deposit Insurance Corporation (FDIC) has fired off a bold proposal to regulate stablecoin issuers under its jurisdiction, dropping a hefty 144 questions for public input during a 60-day comment period. Tied to the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law […]
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U.S. Crypto Regulation: Clarity Act Aims to Halt Blockchain Exodus Treasury Secretary Scott Bessent has dropped a bombshell: the United States is hemorrhaging blockchain talent and capital due to a regulatory mess, and the Clarity Act might be the only way to stop the bleeding. In a hard-hitting Wall Street Journal op-ed, Bessent urged Congress […]
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