The empire strikes out: Institutionalists failed to kill the stablecoin bill
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establis...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance.
Why this matters
This cryptocurrency 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
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-nati...
Crypto industry blames Trump for failed landmark bill in Senate
The Senate's rejection of the crypto bill perpetuates regulatory uncertainty, potentially hindering U.S. competitiveness in the di...
Bitcoin Price Surges Over $81,000 Despite Clarity Act Fail and Interest Rate Hike
Bitcoin Magazine Bitcoin Price Surges Over $81,000 Despite Clarity Act Fail and Interest Rate Hike Bitcoin’s price on Friday shot...
Bitcoin Could Reach 1%-3% of Institutional Alternative Portfolios
Kevin O’Leary has re-entered the crypto market. At the Avalanche Summit in New York, he says that he is building fresh positions a...
SBI, Kyobo Complete Japan-Korea Stablecoin Test With No Dollar Leg
SBI Digital Practice and Kyobo Life completed a cross-border pilot that directly converted yen-linked test tokens into won-linked...
ZEC’s 100% rally above $1500 sends Grayscale’s Zcash ETF within $85 million of $1 billion
Grayscale’s Zcash ETF is closing in on $1 billion in assets less than a month after its Wall Street debut. The fund, which trades...