US Senate approves GENIUS Act to regulate stablecoins; bill moves to house
US Senate passed the “GENIUS Act” (68-30) to create a regulatory framework for stablecoins. The bill requires stablecoins to be backed by liquid assets and issuers to disclose reserves monthly. This is a major milestone for the crypto industry, which has long pushed...
Ripple and SEC Ask Court to Pause Appeals as They Fight to End XRP Case
Ripple and the SEC have requested to pause their appeals while awaiting a decision that could finalize their settlement and conclude the prolonged case regarding XRP sales. SEC and Ripple Align on Pausing Appeals Pending Court Decision on XRP Case The U.S. Securities...
Ethereum staking skyrockets as whales aggressively accumulate
Ethereum is poised above $2,500 amid massive whale accumulation Also signaling bullish sentiment is the surge to 35 million staked ETH for Ethereum staking. The Ethereum price could rally amid multiple catalysts. Ethereum (ETH) is witnessing a significant surge in...
SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval
The SEC’s review of the Franklin XRP ETF comes amid rising institutional confidence in XRP, underscoring its evolving market maturity and accelerating push for crypto-backed ETFs. SEC Reviewing Franklin XRP ETF Proposal as Confidence Grows in XRP Market Structure The...Interesting 13
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