Protego Trust, the cryptocurrency custody firm awaiting final approval from U.S. authorities to convert into a nationally chartered trust bank, has been forced to terminate most of its workforce, according to a person familiar with the matter. The firm w
Paxos filed for the national banking charter more than two years ago, and the stablecoin issuer may yet try again.
Members of Congress are taking another crack at creating a new stablecoin legal framework in the U.S. The new draft bill is part of a multiyear effort to create a comprehensive legal framework around stablecoins like USDC and Tether.
New legislation would shift authority over stablecoins from the SEC to federal and state bank and credit union regulators.
A U.S. House hearing on dueling stablecoin bills highlighted a major difference between Republican and Democratic approaches, but also that the gap between both sides may be manageable. A U.S. House hearing on dueling stablecoin bills highlighted a key ar
Traditional financial players have raised concerns over parts of a stablecoin bill due for committee consideration this week, potentially complicating bipartisan efforts around that legislation.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024