In a 68-30 vote, the US Senate chose to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, more than a month after it was introduced.Speaking from the Senate floor on Wednesday, Majority Leader John Thune urge
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
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
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.
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, T
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 inves
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
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 A
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 $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
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 Attorn
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 a
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 conflict
Today in crypto, Coinbase has agreed to acquire crypto options trading platform Deribit in a deal worth $2.9 billion, Arizona’s governor signed a “Bitcoin Reserve Fund” into law, and Robinhood plans a blockchain for tokenized securities offerings in
A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency passed Sen
Arizona has officially launched its first Bitcoin and Digital Asset Reserve Fund by signing House Bill 2749 into law. The bill does not authorize new investments. Instead, it focuses on handling unclaimed digital assets.This comes shortly after New H
Oregon has enacted Senate Bill 167, updating the state's commercial laws to incorporate digital assets into the Uniform Commercial Code (UCC).The legislation , signed by Governor Tina Kotek on May 7, introduces UCC Article 12, which creates a legal f
At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States.According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19
Today in Crypto, Ethereum developers have activated the network’s Pectra upgrade, bringing smart accounts, higher staking limits and improved scalability through key Ethereum improvement proposals (EIPs), US Democrats have launched a new assault targ
Today in Crypto, New Hampshire greenlights state crypto investments and Binance founder Changpeng “CZ” Zhao forecasts Bitcoin could surge to $500,000–$1 million this cycle. Meanwhile, Florida scraps its Bitcoin reserve plans.New Hampshire governor si