Illinois has reportedly agreed to postpone implementing a new tax on crypto transactions. The tax, the first state levy of its kind in the country,...
The first stablecoin race was straightforward. Accumulate supply. Customers exchanged dollars for tokens, the issuer invested the corresponding reserves primarily in highly liquid assets, and...
A sharp sell-off in U.S. government bonds is adding urgency to the Trump administration’s effort to turn dollar-backed stablecoins into a new source of demand...
Kraken’s parent company is making a multibillion-dollar bet on its future as a financial infrastructure provider. That’s according to a report Sunday (Sept. 27) by...
MoonPay is continuing its acquisition spree by merging with private markets infrastructure platform North Capital. The acquisition is designed to bring regulated private markets infrastructure...
The government never guaranteed the USDC stablecoin’s value. But when regulators protected Silicon Valley Bank’s (SVB) uninsured depositors, they rescued $3.3 billion backing the stablecoin...
Europe’s central banks say stablecoin deposit regulations could mean less stability for lenders. The European System of Central Banks (ESCB) published a paper Tuesday (Sept. 22) in response...
Coinbase said it is expanding access to primary financial markets by bringing initial public offering (IPO) allocations to retail traders in the U.S. Starting with...
The cryptocurrency industry spent years citing U.S. regulatory clarity as the prerequisite for its next phase of growth. This past week showed the industry may...