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US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap

Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap

Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.

Biden's Administration "Will Ultimately Be Supportive" of Bitcoin, says Circle CEO

Biden's Administration "Will Ultimately Be Supportive" of Bitcoin, says Circle CEO

Circle's CEO, Jeremy Allaire said on CNBC Squawk Box that he believes the Biden Administration will be more friendly towards Bitcoin and cryptocurrencies.

UMA, XRX, and FUN Gain Over 100% As Best Crypto Performers this Week

UMA, XRX, and FUN Gain Over 100% As Best Crypto Performers this Week

As the global crypto market saw increased gains this week, UMA, ZRX, and FUN lead the rallies with more than 100% weekly gains each.

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before

Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before

Circle's CEO said that the proposed rule introduces a “potential for a level of financial surveillance that goes beyond anything...

What Can You Buy With Bitcoin?

What Can You Buy With Bitcoin?

Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?

SEC Refuses to Hand over Documents on Bitcoin and Ether to Ripple in XRP Case

SEC Refuses to Hand over Documents on Bitcoin and Ether to Ripple in XRP Case

The United States Securities and Exchange Commission (SEC) has refused a request from Ripple to access documents pertaining to Bitcoin and Ethereum.

Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder

Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder

Central bank digital currency (CBDC) across global economies appear to be inevitable, as central banks have been issuing their own pilot tests of CBDC.

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