Banks seek delay as Agora pushes stablecoin charter
Major US banks are seeking to delay implementation of the GENIUS Act, urging regulators to extend public comment periods as stablecoin rules take shape.
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Major US banks are seeking to delay implementation of the GENIUS Act, urging regulators to extend public comment periods as stablecoin rules take shape.
Elizabeth Warren and Ron Wyden have questioned Commerce Secretary Howard Lutnick and Paulo Ardoino over reports that Tether provided a loan linked to Lutnick’s family trust.
Bitcoin rose about 11% in April, marking its strongest monthly performance in a year, but analysts are warning that May could trigger a renewed downturn.
Peter Schiff has accused MicroStrategy and its Bitcoin-linked instruments of being “scams,” escalating criticism of executive Michael Saylor.
Tether-backed Oobit has launched Visa-supported virtual “Agent Cards” enabling AI agents to make autonomous online purchases using USDT without requiring fiat conversion.
Binance listed MegaETH’s MEGA token on April 30 without receiving any project allocation or listing fee, marking a rare fee-free launch across major exchanges.
Stablecoin payments firm Kast has appointed former US Securities and Exchange Commission official Stephanie Allen as head of corporate and policy communications as it expands its regulatory strategy.
Spain has emerged as the leading retail market for Circle’s euro stablecoin EURC on crypto banking platform Brighty, accounting for 36% of transactions and 25% of volume.
Cathie Wood’s Ark Invest bought about $39.7 million of Robinhood shares after its earnings miss, signalling confidence that the platform’s crypto-driven slowdown is temporary.
The US Senate has unanimously passed a rule banning its members from participating in prediction markets, aiming to curb insider trading and restore public trust.
South Korea’s Shinhan Card has signed a memorandum of understanding with the Solana Foundation to expand stablecoin payment testing and explore non-custodial wallet solutions.
South Korean prosecutors have requested a 20-year prison sentence for Delio CEO Jeong Sang-ho over alleged crypto fraud involving roughly $169 million in investor funds.
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