Wyoming Introduces $1 Stablecoin to Anchor Digital Currency Innovation
Wyoming has launched a $1 stablecoin aimed at bolstering the state’s position in the rapidly evolving digital currency market and offering a new option for secure transactions.
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EU Orders Unlicensed Crypto Firms to Halt Operations Ahead of MiCA Deadline
The EU’s financial regulator directs unauthorized crypto firms to stop onboarding clients and start winding down activities before the MiCA transition ends on July 1.
Crypto & Fintech
US Senate Approves Housing Bill Including Four-Year Ban on Federal Digital Currency
The Senate passed a housing bill that bans a Federal Reserve-issued digital currency until the end of 2030, while preserving private stablecoin operations.
Crypto & Fintech
Fed Official Highlights Stablecoins and Tokenized Assets in Dollar’s Global Role Debate
Federal Reserve board member Christopher J. Waller emphasized the impact of digital assets like stablecoins on the U.S. dollar’s international role during a key Fed conference.
Crypto & Fintech
Vitalik Buterin Reveals AI Experiment Unmasking Ethereum’s Anonymous Writers
Ethereum co-founder Vitalik Buterin disclosed his role in an AI de-anonymization study, revealing how AI can link pseudonymous Ethereum writings to their real authors.
Crypto & Fintech
Banking Group Pushes Federal Reserve to Reassess Kraken’s Fed Account Before Renewal
The Independent Community Bankers of America urge the Kansas City Fed to review and potentially restrict or end Kraken Financial’s limited-purpose Fed account ahead of its one-year term expiration.
Crypto & Fintech
Bitcoin Approaches $63,000 Amid Fed Uncertainty and Rising Iran Tensions
Bitcoin climbs back near $63,000 as markets digest a hawkish Federal Reserve tone and escalating US-Iran tensions centered on the Strait of Hormuz.
Crypto & Fintech
Coinbase Launches AI Investment Adviser and Expands Features for Crypto and Stock Traders
Coinbase introduces an AI-powered investment adviser within its app and unveils new tools including tokenized stocks, options trading, and a developer platform.
Crypto & Fintech
Federal Agencies Propose Identity Verification Rules for Stablecoin Issuers
Five U.S. federal agencies seek public input on a proposed rule requiring stablecoin issuers to implement customer identification programs akin to banks.
Crypto & Fintech
Zelle Prepares U.S. Dollar-Backed Stablecoin to Launch First Cross-Border Payments
Early Warning Services plans to introduce a U.S. dollar-backed stablecoin and expand Zelle’s digital payment network to support international transfers, starting with India.
Crypto & Fintech
US Regulators Propose Bank-Style User Identification Rules for Stablecoin Issuers
US financial agencies propose customer identification standards for stablecoin issuers, aligning them with regulated banks under anti-money laundering laws.
Crypto & Fintech
AI-Controlled Crypto Wallets Gain Momentum Amid Security and Adoption Debates
Major crypto firms launch AI-driven wallets designed for autonomous transactions, sparking cautious interest as millions of operations process securely under user-set rules.