US crypto regulation happening ‘behind closed doors’ — Blockchain Association CEO
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US House to consider crypto tax exemption bill, stablecoin regulations
The bill's progress could enhance crypto adoption by simplifying tax compliance, potentially boosting market sentiment and Bitcoin...
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave's USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only abou...
The US Bitcoin reserve faces a crucial bipartisan test Wednesday
The American Reserve Modernization Act (ARMA) would put the federal government's Bitcoin reserve into law for the first time. But...
Bitcoin exchanges can reduce quantum exposure before a network upgrade
A future quantum-safe Bitcoin will have to pass through the systems that hold and move today's coins. Exchanges, institutional cus...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Fin emerges from stealth with $17M seed round to build stablecoin infrastructure for enterprise payments
Fin's stablecoin platform could disrupt traditional banking by simplifying cross-border enterprise payments, challenging establish...