Stablecoin Rules Launch Under New GENIUS Act
U.S. agencies propose new customer-ID rules for stablecoin issuers under the GENIUS Act, requiring identity verification and record maintenance similar to banks. #Update #Legal $USDT
stablecoins
Bitcoin Bull Run Slows as Investor Appetite Shifts
Next bull run will be slower, as Wall Street shifts focus to AI and tokenization, while interest in $BTC remains high. Bitwise’s Matt Hougan predicts a long-term bullish outlook. #Update #Crypto $BTC
USDC Card Halts Non-EEA Services
@ReadyCard halts service for non-EEA users due to card issuer transition, highlighting stablecoin reliance on traditional payment systems. #Update #Crypto $USDC
Binance Limits USDT in Europe Pre-MiCA
Binance, Coinbase, and Kraken restrict $USDT in Europe under MiCA, boosting $USDC and EURC as compliant alternatives. Final compliance deadline: July 1, 2026. #Update #Crypto $USDT
Fidelity Joins Wall Street’s Stablecoin Race
@Fidelity launches a money market fund for stablecoin issuers, compliant with the GENIUS Act, investing in short-term U.S. Treasury securities and cash to manage reserves efficiently. #Update #Crypto $USDC
Yen Stablecoin Launches by Japan’s Megabanks
Japan’s largest banks, @MUFG, SMBC, and Mizuho, collaborate on a yen-backed stablecoin framework targeting Japan’s 2026 fiscal year; regulatory approval pending. #Update #Crypto
Bitcoin Stock Surges on $50M Buyback
@BitGo announces a $50 million share buyback as its stock remains 65% below IPO price amid declining investor sentiment in crypto markets, with notable companies like Kraken halting efforts. #Update #Crypto $BTC
Blockchain Revolutionizes $6 Trillion Trade Market
@ARP_Digital has processed over $3.5B in transactions, integrating with Fireblocks Network to enhance trade among emerging economies, addressing legacy banking issues. #Update #Crypto $USDT
Crypto Infrastructure Set to Generate Trillions
Many experts, including @CharlesHoskinson, predict AI agents will surpass human relevance by 2035, yet compliance issues hinder their integration in finance. #Update #Crypto $ADA
Sui Stablecoin Transfers Surge to $65B
Sui processed $65 billion in stablecoin transfers after a gasless fee update, raising questions about sustained liquidity and user demand. #Update #Crypto $SUI
Senators Urge Treasury to Include States in Stablecoin Process
U.S. senators urge the Treasury to include state regulators in the implementation of the GENIUS Act for stablecoins, emphasizing the need for clear certification processes. #Update #Legal $USDC
Ripple Invests in Flutterwave for African Payments
@Ripple invested in Flutterwave’s Series E funding round, valued at $3.2B, to integrate its RLUSD stablecoin for cross-border payments across Africa using the XRP Ledger. #Update #Crypto $XRP
FDIC Urged on Crypto Stablecoin Coordination
The U.S. Government Accountability Office urges the FDIC to enhance coordination on crypto and stablecoin risks, highlighting fragmented oversight in Washington. #Update #Crypto
Solana Institute Urges Senate Developer Protection
The Solana Policy Institute urges U.S. Senate to protect open-source developers in the CLARITY Act debate, highlighting potential impacts on DeFi and crypto infrastructure. #Update #Legal $SOL