Senate Dems Gear Up Resistance as Stablecoin Bill Meets Test Most Think Will Succeed
Senate Democrats are divided over a stablecoin regulation bill, with Elizabeth Warren opposing it due to security and consumer risks, while supporters like Kirsten Gillibrand argue it strengthens protections. The bill faces a key procedural vote.
US Senate moves forward with GENIUS stablecoin bill
The US Senate advanced the GENIUS Act, a stablecoin regulation bill, after Democrats initially blocked it over Trump-related concerns. The bill mandates full backing, audits, and licensing for stablecoin issuers.
SEC Chair Unleases Plan to Merge Crypto and Securities Under One Roof – Regulation Bitcoin News
SEC Chair Paul Atkins announces plans to integrate cryptocurrency and securities under unified regulations, aiming to reduce bureaucracy and foster innovation in financial markets.
Senate advances GENIUS Act after cloture vote passes
The Senate advanced the GENIUS Act, a stablecoin regulation bill, after a cloture vote passed with 60 votes. Bipartisan support dissolved due to Trump-related conflict concerns.
Dough Finance Hack: $2.5M Lost – Will Silent World Liberty Partners Repay Investors?
Dough Finance lost $2.5M in a hack, leaving investors like Jonathan Lopez awaiting repayment. Despite promises, partners Herro and Folkman went silent, sparking a lawsuit and token compensation plan.
Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging
Cardano founder Charles Hoskinson denies ADA misappropriation allegations, plans legal action and external audit. Cardano Foundation and Emurgo address governance, supporting IOG’s transparency efforts.
Senate Stablecoin Bill Passes Key Vote as GENIUS Act Regains Momentum – Decrypt
The Senate’s GENIUS Act stablecoin bill passed a key procedural vote, overcoming earlier setbacks. It now moves toward a full vote, potentially establishing a U.S. stablecoin framework if signed into law.
US Senate to vote on GENIUS stablecoin bill despite political divide
The US Senate will vote on the GENIUS stablecoin bill, which aims to create a federal regulatory framework. Political divisions persist, with Democrats opposing loopholes while Republicans support the bill as pro-innovation.
DOJ launches probe into Coinbase’s insider-driven data leak
The DOJ is investigating Coinbase’s insider-driven data breach where attackers bribed employees to access customer data. Coinbase refused a $20M ransom and faces up to $400M in remediation costs.
South Korean Experts Warn Seoul of Mounting ‘Stablecoin Danger’
South Korean experts warn that dollar-based stablecoins could destabilize the economy by affecting exchange rates and reducing won usage, urging alignment with global regulatory trends.
