Circle faces July 18 stablecoin rules deadline
Circle faces a key regulatory deadline on July 18 as US agencies are required to publish implementation rules under the GENIUS Act governing stablecoin issuance, reserves, licensing and supervision.
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Circle faces a key regulatory deadline on July 18 as US agencies are required to publish implementation rules under the GENIUS Act governing stablecoin issuance, reserves, licensing and supervision.
European Union officials are reportedly preparing to revise the Markets in Crypto-Assets (MiCA) framework to expand oversight of non-EU stablecoin issuers following the introduction of the United States' GENIUS Act.
Senator Ron Wyden has urged Senate leaders to retain the Blockchain Regulatory Certainty Act (BRCA) in the proposed Clarity Act, arguing the measure would provide legal certainty for non-custodial blockchain software developers.
Wayfair is building on its success as an e-commerce furniture and home goods retailer with a move into large-format brick-and-mortar stores. On Bloomberg Chief Future Officer, CFO Kate Gulliver shows Carol Massar around Wayfair's new Atlanta store, and explains how this new initiative is helping the company create a seamless omnichannel "clicks to bricks" shopping experience.
Furniture and home goods retailer Wayfair has built a thriving e-commerce platform that's been incorporating advanced technologies throughout its 25-year history. On Bloomberg Chief Future Officer, CFO Kate Gulliver tells Carol Massar how the company is now using AI to improve the customer experience and enhance internal business processes.
Bull Bitcoin has petitioned France's Council of State to annul a decree implementing the European Union's DAC8 cryptocurrency tax reporting rules, arguing the framework creates excessive privacy and security risks for digital asset holders.
JINS rose to prominence 25 years ago with its bargain-basement ¥4,990 eyeglasses, becoming a household name for cheap chic as falling or stagnant prices took hold. Now, the Tokyo-based lensmaker is positioning itself to take advantage of the shift toward greater pricing power by opening up stores in ritzy venues and by offering a wider price range. Bloomberg's Reed Stevenson reports from Tokyo.
Bitcoin (CRYPTO:BTC) should succeed based on its own characteristics rather than relying on corporate demand, macroeconomist Lyn Alden said after Strategy disclosed the sale of 3,588 Bitcoin valued at about US$216 million.
Cardano (CRYPTO:ADA) fell about 5% after founding entity EMURGO announced it was leaving the Pentad governance group to focus on recovery efforts following the US$2.4 million SecondFi exploit.
Bank of England Governor Andrew Bailey said Nigel Farage did not influence the central bank's approach to a potential central bank digital currency after the two discussed cryptocurrencies during a meeting.
Zach Rynes, a community lead for Chainlink, criticised Ripple's five-year sponsorship with the University of Kansas, arguing that promoting XRP (CRYPTO:XRP) through college sports does not align with the company's institutional payments business.
Kalshi has appealed a New York federal court ruling that denied its request to stop state gambling regulators from enforcing local laws against its sports-related prediction market contracts.
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