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With the US Senate expected to vote on legislation to regulate payment stablecoins soon, two senators called on Meta CEO Mark Zuckerberg to answer questions about the company’s potential plans to introduce another stablecoin.In a Wednesday letter to Zuckerberg, Senators Elizabeth Warren and Richard …
The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products. Real-world asset tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increas…
Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), has joined Sygnum in an advisory role, where he will help the crypto bank navigate global regulations amid growing institutional interest in digital assets. Giancarlo’s appointment as senior policy adviser …
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing …
It’s a tale of two markets right now - crypto and everything else. has surged to an all-time peak above $111,000 as the regulatory and business environment improves for cryptocurrencies. JPMorgan CEO Jamie Dimon, a longtime crypto sceptic, told investors this week that America’s biggest bank will le…
By Elsa OhlenBitcoin price topped its all-time high and sailed past $111,000 overnight, fueled by favorable macro conditions, regulatory developments and institutional demand for digital assets.Bitcoin is up 3.6% over the last 24 hours to last trade at $111,362, according to CoinDesk data. The world…
As the question of stablecoin regulation heats up in the US Senate, so has the issue of which members are personally invested in cryptocurrencies and cryptocurrency firms. On May 19, the Senate voted to invoke cloture and move ahead with the GENIUS Act, which would provide a regulatory framework for…
Today in crypto, Bitcoin has topped $110,000 for the first time and continued to climb, Texas’ House passed a Bitcoin reserve bill, and DWF Labs’ Andrei Grachev said the GENIUS Act could legitimize stablecoins for institutions.Bitcoin climbs above $110,000 for the first timeBitcoin rallied above $1…
US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor.On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same …
Senate Democrats, including Sen. Elizabeth Warren, Chris Van Hollen and Richard Blumenthal, are seeking information about President Donald Trump's cryptocurrency ties and Binance. In a letter sent Friday to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, the senators, along with fou…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Crypto's latest price surge has wiped out at least $1 billion in shorts over the past 24 hours, with momentum building again as bitcoin climbs back toward all-time highs.In tod…
A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. Accordin…