Seven Republican senators were reported to have joined as co-sponsors of an amendment to tighten limits on stablecoin rewards sought by the banking industry. The amendment…
The Bank of England will reportedly relax its restrictions on stablecoins following pushback from cryptocurrency companies. This move comes after one of the central bank’s top officials…
Three days before the Senate Banking Committee sits down to mark up the Digital Asset Market Clarity Act, the American Bankers Association fired off what amounts…
A White House digital assets official has slammed the traditional banking sector’s continued opposition to the proposed stablecoin yield compromise in the CLARITY Act. On April…
Industry representatives saw the crypto market structure bill’s proposed yield language on March 23 and 24. The internet — at least X (formerly Twitter) — was…
Regulatory disputes surrounding the profit mechanism of stablecoins have triggered significant market volatility. Affected by the latest progress of the crypto market structure bill proposed by…
The laws that made Delaware a leader in financial and banking services under the administration of former Governor Pete du Pont would be modernized to address…
A key Treasury Department bureau released preliminary rules this week detailing how it will implement the stablecoin-focused GENIUS Act—and industry experts are split about whether the…
More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and…
The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White…