SEC Officially Withdraws Gensler-Era Proposals Targeting DeFi and Crypto Custody
The US Securities and Exchange Commission (SEC) has formally abandoned several controversial rule proposals from former Chair Gary Gensler’s tenure.
Senate to Vote on GENIUS Stablecoin Bill Next Tuesday
The US Senate has locked in June 17 for its final vote on the GENIUS Act, a landmark bill that could redefine stablecoin regulation.
XRP Ledger Users Gain USDC Access for Smoother Trading
XRP Ledger (XRPL) holders can now transact in Circle’s USDC, thanks to Thursday’s integration.
GENIUS Stablecoin Bill Gains Momentum in Senate, Boosting Crypto Industry Hopes
Majority Leader John Thune declared it a move to make America the “crypto capital of the world,” aligning with President Trump’s bullish stance.
Record $167B in Crypto Funds as Diversification Demand Surges
Crypto funds smashed records in May, amassing $167 billion in AUM as investors diversified away from traditional markets.
US Bets on Stablecoins to Extend Dollar Reign Amid CBDC Race
Treasury Secretary Scott Bessent positioned dollar-backed stablecoins as America’s answer to central bank digital currencies Wednesday, predicting a $2 trillion+ market by 2028 under the GENIUS Act framework.
Crypto Regulatory Breakthrough: CLARITY Act Clears Key Hurdle
The US crypto industry is one step closer to regulatory clarity after the CLARITY Act advanced through two congressional committees, setting up a pivotal House vote.
Societe Generale’s SG-FORGE to Issue Dollar Stablecoin on Ethereum & Solana
France’s Societe Generale is set to launch “USD CoinVertible”, a dollar-pegged stablecoin deployed on Ethereum and Solana blockchains
Stablecoin Demand Among Fortune 500 Firms Triples—Coinbase
Corporate interest in stablecoins has tripled since 2024, per a Coinbase report.
SEC’s Proposed Crypto Exemptions Raise Questions About Balance
The SEC’s newly revealed plans for conditional “innovation exemptions” present both opportunities and challenges for the crypto sector.
Canary Capital to Launch a Staked INJ ETF
A staked Injective (INJ) ETF might be on the horizon after Canary Capital quietly formed the “Canary Staked INJ ETF” trust in Delaware.
South Korea Advances Stablecoin Legalization with New Crypto Bill
South Korea’s newly elected president, Lee Jae-myung, is pushing forward with his campaign pledge to authorize the issuance of domestic stablecoins, as his party introduces a new cryptocurrency bill.
MicroStrategy Eyes Another BTC Purchase
MicroStrategy Executive Chairman Michael Saylor hinted at another major Bitcoin acquisition.
Gemini Files Confidentially for IPO Amid Market Recovery
Cryptocurrency exchange Gemini has filed confidentially for an initial public offering, according to a June 6 announcement.
Bitcoin Network Activity Hits 8-Month Low Despite Price Strength
The Bitcoin blockchain is experiencing its lowest transaction volume since October 2023, with the seven-day moving average dropping to approximately 317,000 transactions.
