US Senator questions Mark Zuckerberg on Meta’s stablecoin plans
Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia and the Philippines.
Category: Latest News
Bitcoin profit-taking may ‘accelerate’ as price hits 3-month high: Analyst
Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno.
US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report
US Treasury officials reportedly sent a letter to Binance pressing the crypto exchange on compliance with a 2023 deal, after reports circulated that the company had facilitated transactions linked to Iran.
Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections
Two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia, Alabama, Nebraska, Kentucky and Texas this week.
CLARITY Act markup could happen as early as next week: Coinbase exec
The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for the legislation.
Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
Institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment.
Kalshi see valuation double to $22B after $1B raise as prediction markets boom
Fresh capital from top Wall Street and Silicon Valley firms signals increasing confidence in regulated event trading and retail prediction markets.
Samson Mow defends Strategy selling portions of its Bitcoin treasury
The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder’s previous rhetoric.
JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger
The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned blockchain.
US Senator says crypto market structure vote could happen by August
Kirsten Gillibrand said that the US Senate had to address lawmakers potentially getting “rich off of these industries because of their insider status“ before any vote on the CLARITY Act.