Stablecoin and blockchain bills signal regulatory momentum
Washington is making significant strides in cryptocurrency regulation, particularly focusing on stablecoins and blockchain technology, signaling strong regulatory momentum in…
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US big banks hold early talks on joint crypto stablecoin: WSJ
Major U.S. banks—including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—are in early discussions about jointly issuing a crypto stablecoin, according to the Wall…
GENIUS Act and Stablecoin's Global Institutional Adoption
The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is a significant legislative proposal in the U.S. Senate aimed at providing clear regulatory…
US Senate moves forward with GENIUS stablecoin bill
The U.S. Senate has advanced the GENIUS Act, a landmark stablecoin regulation bill, with a bipartisan vote of 66-32. This procedural vote clears a key hurdle, allowing the Senate…
Coinbase invests in Canadian stablecoin issuer
Coinbase has made a strategic investment in Stablecorp, a Toronto-based fintech company that issues QCAD, a fiat-backed stablecoin pegged to the Canadian dollar. This move aims…
Canada lags with stablecoin approach, but there’s room to catch up
Canada is currently lagging behind other major jurisdictions in its approach to stablecoin regulation, but there is potential for the country to catch up. The Canadian…
Pro-crypto Democrats pull support for stablecoin bill in last minute
A group of nine pro-crypto Senate Democrats unexpectedly withdrew their support for the Republican-led stablecoin bill in the final stages before the Senate floor vote, putting…
Senator Tim Scott slams partisan politics for failed stablecoin bill
Senator Tim Scott criticized partisan politics for the failure of the GENIUS Act, a bipartisan stablecoin bill, during a Senate speech on May 8. He blamed Democrats for…
Crypto Market Faces Pressure as Senate Stalls Stablecoin Bill
The crypto market is under pressure after the US Senate stalled progress on a key stablecoin bill, with Bitcoin dipping to around $93,860-a 0.15% decrease-amid mounting…
US Stablecoin bill blocked as Democrats withdraw support
The US Senate blocked the stablecoin regulation bill known as the GENIUS Act on May 8, 2025, after Senate Democrats withdrew their support. The bill failed to pass…
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