Stablecoin

Acting SEC Chair Rejects Enforcement, First US Bank-Issued Stablecoin, and More — Week in Review

Acting SEC Chair Rejects Enforcement, First US Bank-Issued Stablecoin, and More — Week in Review

Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for clear rulemaking over enforcement to provide much-needed guidance to the industry. The first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched. Bitcoin’s price remains relatively […]

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Weekly Crypto Regulation News Roundup: SEC to Host Roundtables, Congress Advances Stablecoin Rules

Weekly Crypto Regulation News Roundup: SEC to Host Roundtables, Congress Advances Stablecoin Rules

Key Takeaways: Regulators open fresh channels to hear crypto community views. Public forums and expert reviews may reshape enforcement methods. Lawmakers push for clearer guidelines on stablecoins and digital assets. Internal debates reveal evolving priorities in oversight. Global tax ideas could alter market behavior. U.S. crypto regulation developments accelerated this week as the Securities and

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How the US Is Driving Growth of the Billion-Dollar Stablecoin Market

How the US Is Driving Growth of the Billion-Dollar Stablecoin Market

Key Takeaways: Stablecoins are moving beyond simple digital tokens to integrate with established financial services. Clearer US regulations and institutional backing are spurring broader market acceptance. Tokenized treasury products and emerging projects are deepening the crypto–traditional finance connection. Industry stakeholders are adjusting operations to align with evolving policy frameworks. The stablecoin market saw major growth

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Bitso Launches Mexican Peso Stablecoin on Arbitrum

Bitso Launches Mexican Peso Stablecoin on Arbitrum

Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center. Bitso Introduces Juno, Launches Mexican Peso Stablecoin The stablecoin market is heating up, and companies are now backing them with currencies

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Wyoming Stablecoin: Chainalysis, Inca Digital Selected to Help Detect Illicit Use of WYST

Wyoming Stablecoin: Chainalysis, Inca Digital Selected to Help Detect Illicit Use of WYST

The U.S. state of Wyoming has identified nine candidate blockchains to host its upcoming stablecoin, dubbed WYST. The state has selected Layerzero, an omnichain interoperability protocol, as the top-ranked vendor for smart contract development. Wyoming Eyes Multiple Blockchains for Upcoming Stablecoin Launch The U.S. state of Wyoming has identified nine candidate blockchains as potential hosts

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Wyoming Plans to Launch WYST Stablecoin in July, Governor Confirms

Wyoming Plans to Launch WYST Stablecoin in July, Governor Confirms

The US state of Wyoming is gearing up to launch its long-standing stablecoin, WYST, in July. An official release from the state governor’s office noted that the state is considering nine blockchains to host the stablecoin. Speaking at the DC Blockchain Summit on Wednesday, Wyoming Governor Mark Gordon confirmed the token’s launch after a testing

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Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in

Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in

Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. ‘First and Only Stablecoin’ Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international expansion on March 25 by announcing a strategic launch in Japan, leveraging its local subsidiary,

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had completed a landmark transaction in partnership with Vantage Bank, describing it as “America’s first-ever tokenization

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Stablecoin Market Cap Hits 0 Billion

Stablecoin Market Cap Hits $220 Billion

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After weeks of sideways trading and sharp corrections across Bitcoin and the altcoin market, a notable trend is quietly unfolding beneath the surface of the crypto market. Price action has shown capital exiting major tokens, but the reassuring takeaway from flow trends

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Tether Ranks Seventh Among Top US Treasuries Buyers in 2024

Tether Ranks Seventh Among Top US Treasuries Buyers in 2024

Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind

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