Payments
Institutional

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch

The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now…
Institutional

Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules

Bitcoin Magazine Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules The Federal Reserve proposed requiring stablecoin…
DeFi

Zama, Morpho and Steakhouse Open First Confidential USDC Yield Vault on Ethereum

Zama, Morpho and Steakhouse open the first DeFi yield vault for Confidential USDC on June 23, routing encrypted cUSDC into…
AI

Altcoin selling tops $266B as capital rotates out of crypto: Is altseason extinct?

Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry…
Infrastructure

CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise

Stablecoin infrastructure firm Trace Finance said Wednesday that it raised a $32 million Series A round to help expand its…
Institutional

Congress Strikes Housing-Bill Deal That Bans Fed CBDC Through 2030

Congressional negotiators folded a statutory ban on a Federal Reserve central bank digital currency into the bipartisan 21st Century ROAD…
AI

Coinbase Enters the Tokenized Stock Race With 1:1-Backed Onchain Shares as Part of a Sweeping ‘Everything Exchange’ Push

Coinbase unveiled tokenized US stocks backed one-for-one with automatic dividends, alongside options trading, pre-IPO and thematic perpetual futures, an SEC-registered…
Institutional

Senators urge Treasury ensure state authority in GENIUS application

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a…
DeFi

Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives

Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound…
Institutional

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability…