SEC Reverses Course, Withdraws Gensler’s DeFi and Custody Rules
Reading time: < 1 minuteThe SEC has officially withdrawn two major crypto-related proposals from the Gensler era, signaling a potential regulatory pivot.
USDC Lands on XRP Ledger Amid Global Dollar Debates
Reading time: < 1 minuteAs questions mount over the US dollar’s long-term strength, Circle’s USDC has launched on the XRP Ledger (XRPL)—a strategic move for cross-border liquidity.
Senate Nears Stablecoin Regulation Decision with June 17 GENIUS Act Vote
Reading time: < 1 minuteThe US Senate will take a critical step toward stablecoin regulation next Tuesday, June 17, with a final vote on the GENIUS Act.
Treasury’s $2T Stablecoin Projection Raises Questions as Bill Advances
Reading time: < 1 minuteWhile endorsing ambitious growth projections for dollar-backed stablecoins, Treasury Secretary Scott Bessent acknowledged significant uncertainties during Wednesday’s Senate hearing.
Senate Pushes GENIUS Stablecoin Bill Despite Warren’s Warnings
Reading time: < 1 minuteThe Senate voted 68-30 to advance the GENIUS Act, despite objections from Senator Elizabeth Warren, who slammed the bill for ignoring key amendments and failing to address risks.
Bitcoin Leads Crypto Fund Boom as Hedge Against Market Risks
Reading time: < 1 minuteBitcoin’s resurgence is fueling record inflows into crypto funds, with assets hitting $167 billion in May.
Stablecoins Gain Traction as Fortune 500 Interest Jumps 3x
Reading time: < 1 minuteA Coinbase survey underscores accelerating corporate crypto adoption, with Fortune 500 stablecoin interest skyrocketing from 8% to 29% year-over-year.
Bipartisan Support Pushes Crypto CLARITY Act Toward House Vote
Reading time: < 1 minuteThe Digital Asset Market Clarity (CLARITY) Act has gained momentum in Congress after securing approval from two House committees with strong bipartisan margins.
Big Banks Join Crypto: Societe Generale Debuts Dollar Stablecoin
Reading time: < 1 minuteBreaking new ground, Societe Generale is rolling out a dollar-pegged stablecoin, marking the first major bank-backed entry into the fast-growing stablecoin market.
New Research from Algorand Foundation: TVL Can Be Too Easily Gamified
Reading time: 2 minutesPRNewswire, PRNewswire, 10th June 2025, Chainwire
