The United States has been trying to get stablecoins regulated. Each of these digital currencies has been created with the idea of maintaining that value. Proposed legislation such as the GENIUS Act and the STABLE Act are great examples of these efforts. Their goal is to address existing issues overcrowding...
Bitcoin’s recent plunge, stopping its upward march toward $86,000, has folks rushing to explain the cause. Powell’s stagflation warnings and tariff anxieties are taking the fall. Are we missing something crucial? Or is the looming fist of stablecoin regulation actually the secret power behind Bitcoin’s sudden downturn? If we do,...
The fast-paced world of cryptocurrency presents an exciting new frontier in terms of innovation and technology. Your trusted source for crypto intelligence, BlockTraderHub.com knows that when you’re in the fast-paced world of blockchain technology, every second counts. Congress is now considering new bipartisan legislation to establish a regulatory framework for...
The stablecoin train may be leaving the station, Congress is finally beginning to scramble, in hopes of jumping aboard. Are they bringing the proper tools for the trip? Current legislative efforts, while well-intentioned, risk throwing the baby out with the bathwater, stifling innovation and harming the very people they're trying...
Now, there are two competing bills in Congress. The GENIUS Act and the STABLE Act proposals each bill introduces a distinct approach to regulating stablecoins. Both hope to establish a regulatory environment for digital assets. When it comes to bankruptcy protections, regulatory standards, enforcement, and supervision, they take vastly different...
The release from the Bank for International Settlements (BIS) has called for regulators to take swift, aggressive action to regulatory protect against damage in the crypto sector. This call to regulate isn’t happening in a vacuum, as U.S. Congress is debating proposed legislation to regulate stablecoins. We are glad to...
Charles Hoskinson, founder of Cardano and Input Output (IOHK), anticipates Bitcoin reaching $250,000 this year, driven by regulatory changes and the adoption of stablecoins by tech giants. The move came as a surprise from an industry veteran who co-founded Ethereum. He thinks new legislation along with geopolitical reasons will propel...
DWF Labs has purchased $25 million of WLFI governance tokens. This move is a big sign of confidence for USD1, a fully-backed stablecoin developed by WLFI. This investment will help make USD1 one of the strongest assets in the decentralized finance (DeFi) sector and provide asset-backed liquidity.At the same time,...
DWF Labs is set to launch USD1, a new stablecoin designed to be redeemable one-to-one for the US Dollar (USD). In case you missed it, the digital asset firm RAISE announced some incredible news! They will collateralize each USD1 with 100% short term US government treasuries, US dollar deposits and...
Though still largely in its infancy, this new world of cryptocurrencies presents great potential opportunity along with a greater need than ever for clear, firm regulation. Right now, in Washington D.C., we see stablecoins bringing together interest from legislators across the aisle. House final votes are imminent. These decisions can...
