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Crypto hails Senate vote on stablecoin bill as a major victory
The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,
Senate stablecoin bill would unleash crypto banks nationwide
As the Senate stands poised to pass a landmark bill establishing rules for stablecoin issuers, a provision allowing state-chartered uninsured banks to operate in states without prior approval is drawing concern from observers and opposition from state regulators.
What's at stake as the Senate takes its first major step toward crypto regulation
The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of cryptocurrency pegged to the U.S. dollar. With companies like Amazon and Walmart exploring their own digital currencies,
Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how ...
JPMD will offer clients round-the-clock settlement as well as the ability to pay interest to holders. It is a so-called ...
Binance has led altcoin and stablecoin inflows across Ethereum and TRON, outpacing Coinbase and rivals, CryptoQuant data show ...
JPMorgan's JPMD deposit token on Base sees its debut, offering Coinbase clients a new blockchain-based transaction tool.
A JP Morgan exec warned of an "overcrowding" stablecoin market as the bank applies to trademark JPMD for a "virtual currency" ...
The House is out for a Juneteenth recess this week, and the Senate will be working an abbreviated week with the goal of ...
Stablecoin infrastructure startup Ubyx has raised $10 million in seed funding led by Galaxy Ventures to standardize ...
The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.
The CoinDesk Overnight Rates (CDOR) convert USDC and USDT stablecoin borrowing data on Aave into daily benchmarks to support ...
European stablecoin issuer Quantoz Payments' CEO Arnoud Star Busmann speaks to Invezz about what gives it an edge over US ...
While the bank has not confirmed its intent to launch a new cryptocurrency, some X users believe that “JPMD” is a reference ...
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