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View More NewsA wide swath of the US banking industry is urging Senate leaders to amend the stablecoin yield provisions of the Digital Asset Market Clarity Act (CLARITY) now under consideration. The American Bankers Association (ABA), the Independent Community Bankers of America (ICBA) and 76 other state banking associations sent a joint letter to Senate leaders that claimed that the current language on stablecoin interest, yield and rewards is too ambiguous and argued that new amendments need to prevent payment stablecoins from acting as deposit substitutes rather than pure transaction tools.The joint letter, which showed support for the broader bill, said the ABA…
from the alarm-bells dept I’m not sure who out there is in RFK Jr.’s corner anymore, beyond some unfortunately powerful people in seats of federal power at the moment. That Kennedy’s tenure at HHS has lasted even this long is as absurd as it is dangerous, given the mountains of chaos he’s created in a mere year and change thus far. All of this anti-vaxxer nonsense, the seemingly random attacks on Tylenol of all things, an ongoing measles outbreak he’s mismanaging, and an inability to follow proper governmental procedure has produced a sample size of sucking that really should have…
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Every four years the world gathers to remind Americans that soccer is boring. The World Cup arrives, a billion people weep with joy, and everyone who wasn’t indoctrinated before the age of six sits there waiting for something…anything to happen. Then suddenly it almost does. Then just as quickly it doesn’t. Then it almost does again. This is the rhythm of the world’s most boring game.It’s “the beautiful game,” and for most of my adult life I’ve been patiently informed, usually by someone who calls it fútbol, that I simply lack the sophistication to appreciate it. But they’re wrong. Soccer…
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Reed Smith, a global law firm with over 30 offices across North America, Europe and Asia, has launched an automated compliance platform designed to…
In brief New Hampshire’s governor signed the Blockchain Basics Law, introducing new protections for blockchain innovation and crypto users in the state. Last year,…
Latest developments: CEO Stephen Gregory said Binance.US is focused on growth after what he described as a two-year “hibernation” tied to regulatory issues surrounding…
Bitcoin (BTC) starts the new week with a bump as traders brace for more macro volatility.Key points:Bitcoin gets knocked back toward $62,000, but a…
Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
From Judge F. Dennis Saylor IV yesterday in U.S. v. Nshimiye (D. Mass.): This is a criminal case arising out of a six-count indictment…
Ripple’s dollar-backed stablecoin, RLUSD, is expanding into Turkey through partnerships with BiLira, Bitexen and Bitlo, the company said in an email to CoinDesk.RLUSD has…
Polymarket users who bet on when Michael Saylor’s Strategy would sell Bitcoin are in dispute with the prediction market platform over the timing and…
Greetings and welcome to the latest edition of the Injustice System newsletter. It’s now the first week of June, which means the U.S. Supreme…
Police documents released in response to a court appeal by Italian freelance photojournalist Alessandro Stefanelli against being banned from entering Israel last year to…
Bitcoin BTC$69,531.29 fell to its lowest level since April 7 on Tuesday, breaking below $70,000 in a downswing that has accelerated sharply since Sunday.…