Wyoming Becomes First US State to Launch a Stablecoin
The state of Wyoming (USA) announced the launch of the dollar-pegged stablecoin Frontier Stable Token, ticker FRNT, on seven blockchains.
Wyoming Becomes First US State to Launch a Stablecoin
The state of Wyoming (USA) announced the launch of the dollar-pegged stablecoin Frontier Stable Token, ticker FRNT, on seven blockchains.
Circle’s New Blockchain Gains Fireblocks Custodian Support
Circle, the issuer of USDC, is integrating its proprietary Layer 1 network, Arc, with the institutional platform Fireblocks.
South Korea and Japan Enter the Stablecoin Race
Regulators in South Korea and Japan are actively creating conditions for the “stablecoin” market. According to local media, the former is preparing a new bill, while the latter is close to approving its first yen-pegged token. These moves are likely a response to actions by the United States. In July, President Donald Trump signed the […]
Federal Reserve Ends Oversight of Banks’ Cryptocurrency Activities
The Board of Governors of the Federal Reserve announced the termination of its oversight program for new types of bank activities, including cryptocurrency operations. The regulator has completely rescinded its 2023 letter, which required financial institutions to obtain permission for stablecoin operations. It also mandated risk management practices concerning cybersecurity, liquidity, consumer compliance, and anti-illicit […]
US Treasury Rules Out Budget-Funded Bitcoin Reserve
The US government has no plans to purchase additional bitcoin to form a strategic reserve (SBR). This was stated by US Treasury Secretary Scott Bessent in an interview with Fox Business. According to him, the Trump administration’s strategy regarding cryptocurrencies is based on three principles: refraining from new bitcoin purchases at the government’s expense; retaining […]
SEC to draft clearer crypto rules after Ripple case
The U.S. Securities and Exchange Commission (SEC) plans to focus on drafting clear rules for the cryptocurrency industry after the conclusion of its five-year court battle with Ripple, said the regulator’s chief, Paul Atkins. Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to […]
Wisconsin to Impose Restrictions on Crypto ATMs
Wisconsin lawmakers have introduced two bills aimed at regulating crypto ATMs, prompted by a sharp rise in fraud across the United States. The proposed measures would require crypto ATM operators to obtain a money transmitter license. They would also impose a transaction limit of $1,000 per day for individual customers. Fees would be capped at […]
Custodia Bank CEO Analyzes Trump’s Executive Order on Crypto Debanking
On August 7, U.S. President Donald Trump signed an executive order imposing penalties on banks for refusing to serve crypto companies. Caitlin Long, founder of Custodia, dissected the key aspects of the document. 1/ DIGGING THRU Trump’s #debanking executive order—it contains some hidden gems!!! The first one is a doozy—shows the @WhiteHouse understands it can’t […]
Piercing the silence
Not only in Russia, but across the world, regulation of the open internet has tightened in recent years. The result is that the global web is starting to fray before our eyes. In this ForkLog report, together with Ilya Perevalov, a technical expert at “Роскомсвободы”, we examine the degree of isolation in the Runet and […]
China’s Regulators Clamp Down on Stablecoin Promotion, Reports Bloomberg
China’s financial regulators have instructed brokerage firms and think tanks to cancel seminars and cease publishing research on stablecoins, according to sources cited by Bloomberg. Authorities are concerned that stablecoins could become a new tool for fraud in mainland China. Regulators also aim to prevent a frenzy over assets whose risks are not fully understood […]
SEC and Ripple Conclude Legal Battle, XRP Price Rises by 11%
SEC and Ripple Labs have concluded their legal dispute that began in 2020. The parties submitted a joint notice to the U.S. Court of Appeals for the Second Circuit, withdrawing further appeals. Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end…and now […]
Bitcoin Surges Past $117,000 Following Trump’s Executive Order on Pension Plans
The price of the leading cryptocurrency has surpassed $117,000. This surge followed the signing of a new executive order on pension savings by U.S. President Donald Trump. The document instructs the Department of Labor to prepare conditions for the inclusion of cryptocurrencies, private equity, and other alternative assets in 401(k) pension plans. The execution of […]We use cookies to improve the quality of our service.
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