[Bitwise says institutions held crypto allocations despite 50% market drop]
Bitwise said a survey found no institutions reduced their crypto allocations while the market fell 50%. The survey was conducted from late March through April among investment professionals at 15 institutions, including universities, endowments, pension funds, sovereign wealth funds, family offices and public companies. Despite a downturn in the crypto market from October last year through April this year, not a single respondent cut exposure, while some added to positions.
Most respondents said they are using spot crypto ETFs or plan to do so. Crypto allocations among those institutions ranged from 0.5% to 13% of investable assets, with most at around 1% to 2%. Bitwise said concerns including governance, operational issues and reputational risk remained key barriers to increasing institutional crypto allocations.
https://coinness.com/en/news/1169711
Bitwise said a survey found no institutions reduced their crypto allocations while the market fell 50%. The survey was conducted from late March through April among investment professionals at 15 institutions, including universities, endowments, pension funds, sovereign wealth funds, family offices and public companies. Despite a downturn in the crypto market from October last year through April this year, not a single respondent cut exposure, while some added to positions.
Most respondents said they are using spot crypto ETFs or plan to do so. Crypto allocations among those institutions ranged from 0.5% to 13% of investable assets, with most at around 1% to 2%. Bitwise said concerns including governance, operational issues and reputational risk remained key barriers to increasing institutional crypto allocations.
https://coinness.com/en/news/1169711
CoinNess
Bitwise says institutions held crypto allocations despite 50% market drop - CoinNess
Bitwise said a survey found no institutions reduced their crypto allocations while the market fell 50%. The survey was conducted from late March through April a...
[Quantum threat tracker points to March 8, 2028, for possible Bitcoin break]
Quantum Doomsday Clock, a platform that tracks quantum computing risks, has identified March 8, 2028, as the earliest potential date for quantum computers to break Bitcoin encryption and trigger a broader crypto collapse.
The platform measures when Bitcoin’s Elliptic Curve Digital Signature Algorithm, or ECDSA, could be compromised based on advances in quantum computing. It warned that high-performance quantum computers could use Shor’s algorithm to derive private keys from Bitcoin’s elliptic curve signatures. The platform said the hardware threat is becoming more concrete as commercialization accelerates, citing a $2 billion investment by the U.S. government this year and IonQ’s buildout of a 256-qubit system tied to Nvidia. It also estimates 2029 as the point when the international financial system and the internet could face a systemic collapse, with government and military systems projected to fall in 2030.
https://coinness.com/en/news/1169712
Quantum Doomsday Clock, a platform that tracks quantum computing risks, has identified March 8, 2028, as the earliest potential date for quantum computers to break Bitcoin encryption and trigger a broader crypto collapse.
The platform measures when Bitcoin’s Elliptic Curve Digital Signature Algorithm, or ECDSA, could be compromised based on advances in quantum computing. It warned that high-performance quantum computers could use Shor’s algorithm to derive private keys from Bitcoin’s elliptic curve signatures. The platform said the hardware threat is becoming more concrete as commercialization accelerates, citing a $2 billion investment by the U.S. government this year and IonQ’s buildout of a 256-qubit system tied to Nvidia. It also estimates 2029 as the point when the international financial system and the internet could face a systemic collapse, with government and military systems projected to fall in 2030.
https://coinness.com/en/news/1169712
CoinNess
Quantum threat tracker points to March 8, 2028, for possible Bitcoin break - CoinNess
Quantum Doomsday Clock, a platform that tracks quantum computing risks, has identified March 8, 2028, as the earliest potential date for quantum computers to br...
[Travala doubles monthly AVA buybacks, adds strategic reserve]
Travala said it will double the monthly amount of its self-issued AVA token bought back on the open market and introduce a Strategic Reserve structure under which purchased tokens will be permanently frozen.
Previously, the AVA Foundation repurchased only the amount distributed as member rewards to replenish the rewards pool. Going forward, Travala will use its own funds to buy an additional equal amount and transfer all of it to a permanently locked wallet. Based on August rewards, a total of 739,762 AVA was absorbed from the market, of which 369,881 AVA allocated by Travala was converted into permanently non-circulating supply.
https://coinness.com/en/news/1169713
Travala said it will double the monthly amount of its self-issued AVA token bought back on the open market and introduce a Strategic Reserve structure under which purchased tokens will be permanently frozen.
Previously, the AVA Foundation repurchased only the amount distributed as member rewards to replenish the rewards pool. Going forward, Travala will use its own funds to buy an additional equal amount and transfer all of it to a permanently locked wallet. Based on August rewards, a total of 739,762 AVA was absorbed from the market, of which 369,881 AVA allocated by Travala was converted into permanently non-circulating supply.
https://coinness.com/en/news/1169713
CoinNess
Travala doubles monthly AVA buybacks, adds strategic reserve - CoinNess
Travala said it will double the monthly amount of its self-issued AVA token bought back on the open market and introduce a Strategic Reserve structure under whi...
[FBI has held annual symposium on crypto crime for nine years: CoinDesk]
The FBI has been holding a conference focused on cryptocurrency-related crime for the past nine years, CoinDesk reported. The FBI crypto symposium brings together law enforcement officers, overseas investigators and crypto security specialists to exchange information on crypto crime.
This year’s event was held in Texas in September, according to CoinDesk. Attendees included representatives from blockchain forensics firms such as Chainalysis and TRM Labs, as well as officials from the U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN.
Discussions at this year’s meeting covered the illicit use of cryptocurrency by cartels and for terrorist financing, cyber fraud, child sexual abuse material, human trafficking and wrench attacks. Participants also reviewed new hacking methods, North Korean activity and ways for the industry and law enforcement agencies to share information.
https://coinness.com/en/news/1169714
The FBI has been holding a conference focused on cryptocurrency-related crime for the past nine years, CoinDesk reported. The FBI crypto symposium brings together law enforcement officers, overseas investigators and crypto security specialists to exchange information on crypto crime.
This year’s event was held in Texas in September, according to CoinDesk. Attendees included representatives from blockchain forensics firms such as Chainalysis and TRM Labs, as well as officials from the U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN.
Discussions at this year’s meeting covered the illicit use of cryptocurrency by cartels and for terrorist financing, cyber fraud, child sexual abuse material, human trafficking and wrench attacks. Participants also reviewed new hacking methods, North Korean activity and ways for the industry and law enforcement agencies to share information.
https://coinness.com/en/news/1169714
CoinNess
FBI has held annual symposium on crypto crime for nine years: CoinDesk - CoinNess
The FBI has been holding a conference focused on cryptocurrency-related crime for the past nine years, CoinDesk reported. The FBI crypto symposium brings togeth...
[Bloomberg analyst says Bitcoin ETFs have been a 'Smashing success']
Bloomberg ETF analyst James Seyffart said Bitcoin ETFs have been a "Smashing success," adding that the products had attracted $64 billion by the October 2025 peak and are now just $6 billion short of surpassing that record high. Seyffart said the performance has effectively far exceeded nearly everyone’s expectations.
https://coinness.com/en/news/1169715
Bloomberg ETF analyst James Seyffart said Bitcoin ETFs have been a "Smashing success," adding that the products had attracted $64 billion by the October 2025 peak and are now just $6 billion short of surpassing that record high. Seyffart said the performance has effectively far exceeded nearly everyone’s expectations.
https://coinness.com/en/news/1169715
CoinNess
Bloomberg analyst says Bitcoin ETFs have been a 'Smashing success' - CoinNess
Bloomberg ETF analyst James Seyffart said Bitcoin ETFs have been a "Smashing success," adding that the products had attracted $64 billion by the October 2025 pe...
[NEAR fallen 4.69% in the past 5 minutes]
NEAR has fallen by 4.69% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.14.
https://coinness.com/en/news/1169716
NEAR has fallen by 4.69% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.14.
https://coinness.com/en/news/1169716
CoinNess
NEAR fallen 4.69% in the past 5 minutes - CoinNess
NEAR has fallen by 4.69% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.14.
[NEAR risen 5.45% in the past 5 minutes]
NEAR has risen by 5.45% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.29.
https://coinness.com/en/news/1169717
NEAR has risen by 5.45% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.29.
https://coinness.com/en/news/1169717
CoinNess
NEAR risen 5.45% in the past 5 minutes - CoinNess
NEAR has risen by 5.45% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.29.
[Jeffrey Huang swings to $100K unrealized loss after market pullback]
Jeffrey Huang, the Taiwanese singer known as Machi Big Brother, is sitting on an unrealized loss of $100,000 as the crypto market undergoes a short-term correction. Huang had been up about $4 million on paper, but the latest pullback pushed the position into the red.
Huang has continued to increase long positions in ETH and HYPE while trimming a BTC long position. Huang currently holds a 25x long on 37,500 ETH, a 40x long on 125 BTC, and a 10x long on 213,000 HYPE.
https://coinness.com/en/news/1169718
Jeffrey Huang, the Taiwanese singer known as Machi Big Brother, is sitting on an unrealized loss of $100,000 as the crypto market undergoes a short-term correction. Huang had been up about $4 million on paper, but the latest pullback pushed the position into the red.
Huang has continued to increase long positions in ETH and HYPE while trimming a BTC long position. Huang currently holds a 25x long on 37,500 ETH, a 40x long on 125 BTC, and a 10x long on 213,000 HYPE.
https://coinness.com/en/news/1169718
CoinNess
Jeffrey Huang swings to $100K unrealized loss after market pullback - CoinNess
Jeffrey Huang, the Taiwanese singer known as Machi Big Brother, is sitting on an unrealized loss of $100,000 as the crypto market undergoes a short-term correct...
[White House crypto official says Trump administration will keep pushing Clarity bill]
Patrick Witt, executive director of the White House crypto committee, said the Trump administration will continue pushing the Clarity bill, The Block reported.
Speaking at a conference at Georgetown University, Witt said the future of digital assets is bright and described the bill’s failure to pass this time as disappointing, while adding there may be another opportunity in the future. Witt also said the administration will work to provide as much regulatory clarity as possible through policy.
https://coinness.com/en/news/1169719
Patrick Witt, executive director of the White House crypto committee, said the Trump administration will continue pushing the Clarity bill, The Block reported.
Speaking at a conference at Georgetown University, Witt said the future of digital assets is bright and described the bill’s failure to pass this time as disappointing, while adding there may be another opportunity in the future. Witt also said the administration will work to provide as much regulatory clarity as possible through policy.
https://coinness.com/en/news/1169719
CoinNess
White House crypto official says Trump administration will keep pushing Clarity bill - CoinNess
Patrick Witt, executive director of the White House crypto committee, said the Trump administration will continue pushing the Clarity bill, The Block reported. ...
[SEC commissioner says crypto suit withdrawals aimed to protect agency credibility]
U.S. SEC Commissioner Mark Uyeda said the agency withdrew crypto-related lawsuits to avoid damaging the regulator’s credibility.
According to Eleanor Terrett, host of the U.S. podcast "Crypto in America," Uyeda said continuing to defend legal interpretations in court that could soon be reversed would have risked undermining the SEC’s credibility. Uyeda added the SEC is moving toward a complete shift in its legal interpretation.
Uyeda also said the SEC’s new innovation exemption framework for securities tokens is a kind of pilot program and could create significant opportunities for both new market entrants and established traditional financial firms.
https://coinness.com/en/news/1169720
U.S. SEC Commissioner Mark Uyeda said the agency withdrew crypto-related lawsuits to avoid damaging the regulator’s credibility.
According to Eleanor Terrett, host of the U.S. podcast "Crypto in America," Uyeda said continuing to defend legal interpretations in court that could soon be reversed would have risked undermining the SEC’s credibility. Uyeda added the SEC is moving toward a complete shift in its legal interpretation.
Uyeda also said the SEC’s new innovation exemption framework for securities tokens is a kind of pilot program and could create significant opportunities for both new market entrants and established traditional financial firms.
https://coinness.com/en/news/1169720
CoinNess
SEC commissioner says crypto suit withdrawals aimed to protect agency credibility - CoinNess
U.S. SEC Commissioner Mark Uyeda said the agency withdrew crypto-related lawsuits to avoid damaging the regulator’s credibility. According to Eleanor Terrett...
[All 11 Senate Banking Democrats urge hearing on prediction markets]
All 11 Democratic members of the U.S. Senate Banking Committee are urging Chairman Tim Scott to hold a hearing on prediction markets, The Block reported. The push follows reports that the committee is set to hold a prediction-market roundtable attended only by Republican senators.
https://coinness.com/en/news/1169721
All 11 Democratic members of the U.S. Senate Banking Committee are urging Chairman Tim Scott to hold a hearing on prediction markets, The Block reported. The push follows reports that the committee is set to hold a prediction-market roundtable attended only by Republican senators.
https://coinness.com/en/news/1169721
CoinNess
All Senate Banking Democrats call for hearing on prediction markets - CoinNess
All 11 Democratic members of the U.S. Senate Banking Committee are calling on Committee Chairman Tim Scott to hold a hearing on prediction markets, The Block re...
[Strike CEO says BTC is the answer as fiat currencies lose purchasing power]
Strike CEO Jack Mallers said in an interview with CoinDesk that as fiat currencies lose purchasing power, it is clear investors need to hold scarce assets similar to real-world assets, and Bitcoin is, in Mallers' view, the answer to where that money should be stored.
https://coinness.com/en/news/1169722
Strike CEO Jack Mallers said in an interview with CoinDesk that as fiat currencies lose purchasing power, it is clear investors need to hold scarce assets similar to real-world assets, and Bitcoin is, in Mallers' view, the answer to where that money should be stored.
https://coinness.com/en/news/1169722
CoinNess
Strike CEO says BTC is the answer as fiat currencies lose purchasing power - CoinNess
Strike CEO Jack Mallers said in an interview with CoinDesk that as fiat currencies lose purchasing power, it is clear investors need to hold scarce assets simil...
[Hut 8 named winning bidder for 2 Poolin Texas data centers]
Hut 8 (HUT) has been selected as the winning bidder for two Texas data centers owned by Bitcoin mining pool Poolin, The Block reported. Hut 8 offered $140 million, about three times the combined $52 million minimum bid set for the two facilities.
Poolin said in late July it filed for Chapter 11 bankruptcy protection and planned to sell its Bitcoin mining facilities in Texas. Poolin’s liabilities total about $173 million, including $164 million tied to unsecured IOUs issued to wallet users.
https://coinness.com/en/news/1169723
Hut 8 (HUT) has been selected as the winning bidder for two Texas data centers owned by Bitcoin mining pool Poolin, The Block reported. Hut 8 offered $140 million, about three times the combined $52 million minimum bid set for the two facilities.
Poolin said in late July it filed for Chapter 11 bankruptcy protection and planned to sell its Bitcoin mining facilities in Texas. Poolin’s liabilities total about $173 million, including $164 million tied to unsecured IOUs issued to wallet users.
https://coinness.com/en/news/1169723
CoinNess
Hut 8 named winning bidder for 2 Poolin Texas data centers - CoinNess
Hut 8 (HUT) has been selected as the winning bidder for two Texas data centers owned by Bitcoin mining pool Poolin, The Block reported. Hut 8 offered $140 milli...
[Bitcoin tops $80K as analysts split on cycle bottom and rally risks]
Bitcoin’s move above $80,000 was driven by strong demand from institutional investors and ETFs, an improving regulatory backdrop, and a more supportive macro environment, The Block analyzed.
The outlet said some analysts view the advance as a sign Bitcoin may have already passed the cycle bottom, while others warned the rally could be vulnerable to a pullback, citing lower trading volume, narrowing market breadth, and derivatives positioning that shows less conviction than before.
https://coinness.com/en/news/1169724
Bitcoin’s move above $80,000 was driven by strong demand from institutional investors and ETFs, an improving regulatory backdrop, and a more supportive macro environment, The Block analyzed.
The outlet said some analysts view the advance as a sign Bitcoin may have already passed the cycle bottom, while others warned the rally could be vulnerable to a pullback, citing lower trading volume, narrowing market breadth, and derivatives positioning that shows less conviction than before.
https://coinness.com/en/news/1169724
CoinNess
Bitcoin tops $80K as analysts split on cycle bottom and rally risks - CoinNess
Bitcoin’s move above $80,000 was driven by strong demand from institutional investors and ETFs, an improving regulatory backdrop, and a more supportive macro ...
[Glassnode sees BTC rising to $95K-$97K if it holds above $84K]
Glassnode said Bitcoin could extend its rebound toward the next major resistance zone at $95,000-$97,000 if it holds above $84,000, according to Crypto Briefing.
The firm said stronger inflows into U.S. spot Bitcoin ETFs and a recovery in spot-market trading activity could support the move. Glassnode added Bitcoin is now trading above the True Market Mean, or TMM, at $77,000, which it described as the average cost basis of active BTC excluding long-dormant supply, and has also moved past the $84,000-$85,000 range where long-term holder supply is concentrated. The next key resistance is around $96,700, a zone close to where options market positions are also concentrated, it said. If Bitcoin falls back below $84,000, however, the $77,000 support level could come back into focus. Glassnode also said selling pressure has remained relatively limited during the latest advance, with holders not yet moving aggressively to take profits.
https://coinness.com/en/news/1169725
Glassnode said Bitcoin could extend its rebound toward the next major resistance zone at $95,000-$97,000 if it holds above $84,000, according to Crypto Briefing.
The firm said stronger inflows into U.S. spot Bitcoin ETFs and a recovery in spot-market trading activity could support the move. Glassnode added Bitcoin is now trading above the True Market Mean, or TMM, at $77,000, which it described as the average cost basis of active BTC excluding long-dormant supply, and has also moved past the $84,000-$85,000 range where long-term holder supply is concentrated. The next key resistance is around $96,700, a zone close to where options market positions are also concentrated, it said. If Bitcoin falls back below $84,000, however, the $77,000 support level could come back into focus. Glassnode also said selling pressure has remained relatively limited during the latest advance, with holders not yet moving aggressively to take profits.
https://coinness.com/en/news/1169725
CoinNess
Glassnode sees BTC rising to $95K-$97K if it holds above $84K - CoinNess
Glassnode said Bitcoin could extend its rebound toward the next major resistance zone at $95,000-$97,000 if it holds above $84,000, according to Crypto Briefing...
[White House aide denies Clarity Act failed over Trump’s crypto interests]
Patrick Witt, executive director of the White House crypto council, denied claims that the Clarity Act failed in the Senate last week because of President Donald Trump’s personal crypto interests, according to CoinDesk.
Speaking at a conference at Georgetown University, Witt said Democrats had politicized the issue. He said a recently passed House bill did not include strict government ethics review provisions, while the main focus of the debate over the Clarity Act was the president, and Trump agreed to what Witt described as unprecedented ethics provisions. Witt also argued it was ironic for Democrats to raise concerns about improper conflicts of interest on the grounds that Trump was shaping crypto policy while running crypto businesses, adding that many senators on the Banking Committee hold and trade shares in financial services companies they regulate.
https://coinness.com/en/news/1169726
Patrick Witt, executive director of the White House crypto council, denied claims that the Clarity Act failed in the Senate last week because of President Donald Trump’s personal crypto interests, according to CoinDesk.
Speaking at a conference at Georgetown University, Witt said Democrats had politicized the issue. He said a recently passed House bill did not include strict government ethics review provisions, while the main focus of the debate over the Clarity Act was the president, and Trump agreed to what Witt described as unprecedented ethics provisions. Witt also argued it was ironic for Democrats to raise concerns about improper conflicts of interest on the grounds that Trump was shaping crypto policy while running crypto businesses, adding that many senators on the Banking Committee hold and trade shares in financial services companies they regulate.
https://coinness.com/en/news/1169726
CoinNess
White House aide denies Clarity Act failed over Trump’s crypto interests - CoinNess
Patrick Witt, executive director of the White House crypto council, denied claims that the Clarity Act failed in the Senate last week because of President Donal...
[Kalshi says it is not under CFTC investigation over prediction market trading]
Kalshi said it is not under investigation by the U.S. Commodity Futures Trading Commission over prediction market trading activity, according to CoinDesk.
The company said it has not received any contact from the CFTC. The statement followed earlier reports alleging that more than half of trading volume in Kalshi’s Bitcoin and Ethereum perpetual futures markets was driven by repetitive trading by a specific bot. The CFTC has said roughly 1 million trades in the Ethereum market appeared to have been executed in similar amounts, and it would decide whether to open an enforcement probe after reviewing Kalshi’s trading records.
https://coinness.com/en/news/1169727
Kalshi said it is not under investigation by the U.S. Commodity Futures Trading Commission over prediction market trading activity, according to CoinDesk.
The company said it has not received any contact from the CFTC. The statement followed earlier reports alleging that more than half of trading volume in Kalshi’s Bitcoin and Ethereum perpetual futures markets was driven by repetitive trading by a specific bot. The CFTC has said roughly 1 million trades in the Ethereum market appeared to have been executed in similar amounts, and it would decide whether to open an enforcement probe after reviewing Kalshi’s trading records.
https://coinness.com/en/news/1169727
CoinNess
Kalshi says it is not under CFTC investigation over prediction market trading - CoinNess
Kalshi said it is not under investigation by the U.S. Commodity Futures Trading Commission over prediction market trading activity, according to CoinDesk. The ...
[US stocks close lower]
The three major U.S. stock indices closed lower today.
- S&P 500: -0.75%
- Nasdaq: -1.13%
- Dow Jones: -0.68%
https://coinness.com/en/news/1169728
The three major U.S. stock indices closed lower today.
- S&P 500: -0.75%
- Nasdaq: -1.13%
- Dow Jones: -0.68%
https://coinness.com/en/news/1169728
CoinNess
US stocks close lower - CoinNess
The three major U.S. stock indices closed lower today. - S&P 500: -0.75% - Nasdaq: -1.13% - Dow Jones: -0.68%
[Trump bought up to $100K in Strategy shares in July]
According to a filing from the U.S. Office of Government Ethics, U.S. President Donald Trump bought between $50,000 and $100,000 worth of Strategy (MSTR) shares in July. The purchase was the largest cryptocurrency-related trade listed in the filing. Trump also bought Coinbase shares and sold MARA Holdings and CleanSpark stock.
https://coinness.com/en/news/1169729
According to a filing from the U.S. Office of Government Ethics, U.S. President Donald Trump bought between $50,000 and $100,000 worth of Strategy (MSTR) shares in July. The purchase was the largest cryptocurrency-related trade listed in the filing. Trump also bought Coinbase shares and sold MARA Holdings and CleanSpark stock.
https://coinness.com/en/news/1169729
CoinNess
Trump bought up to $100K in Strategy shares in July - CoinNess
According to a filing from the U.S. Office of Government Ethics, U.S. President Donald Trump bought between $50,000 and $100,000 worth of Strategy (MSTR) shares...
[CFTC chairman says crypto framework is being built within existing law]
U.S. Commodity Futures Trading Commission Chairman Michael Selig said the agency is building a cryptocurrency regulatory framework using its existing legal authority, CNBC reported.
In a CNBC appearance on Sept. 23, Selig said now is the right time and added President Donald Trump had pledged from his first day in office to complete the crypto market structure and establish clear regulatory policy. Selig said the rules are now being rolled out, whether through legislation or agency rulemaking, and added regulators already have substantial legal authority. Selig also stressed that regulators will continue issuing rules to prepare for what he described as the frontier of new finance.
https://coinness.com/en/news/1169730
U.S. Commodity Futures Trading Commission Chairman Michael Selig said the agency is building a cryptocurrency regulatory framework using its existing legal authority, CNBC reported.
In a CNBC appearance on Sept. 23, Selig said now is the right time and added President Donald Trump had pledged from his first day in office to complete the crypto market structure and establish clear regulatory policy. Selig said the rules are now being rolled out, whether through legislation or agency rulemaking, and added regulators already have substantial legal authority. Selig also stressed that regulators will continue issuing rules to prepare for what he described as the frontier of new finance.
https://coinness.com/en/news/1169730
CoinNess
CFTC chairman says agency is building crypto framework under existing law - CoinNess
U.S. Commodity Futures Trading Commission Chairman Michael Selig said the agency is building a regulatory framework for cryptocurrencies using its existing lega...
[Bloomberg: U.S. weighs support for wider overseas use of dollar stablecoins]
The U.S. government is considering ways to support broader use of dollar-based stablecoins in overseas markets, Bloomberg reported. Last year, U.S. President Donald Trump signed an executive order promoting legal and trustworthy dollar-based stablecoins worldwide after the passage of the GENIUS Act, a U.S. stablecoin regulatory bill, according to the report.
https://coinness.com/en/news/1169731
The U.S. government is considering ways to support broader use of dollar-based stablecoins in overseas markets, Bloomberg reported. Last year, U.S. President Donald Trump signed an executive order promoting legal and trustworthy dollar-based stablecoins worldwide after the passage of the GENIUS Act, a U.S. stablecoin regulatory bill, according to the report.
https://coinness.com/en/news/1169731
CoinNess
Bloomberg: U.S. weighs support for wider overseas use of dollar stablecoins - CoinNess
The U.S. government is considering ways to support broader use of dollar-based stablecoins in overseas markets, Bloomberg reported. Last year, U.S. President Do...