🏦 The new Clarity Act prohibits crypto firms from offering yields on deposits in $STABLECOINS if the yield is functionally or economically equivalent to offerings from banks.
Coindesk Regulation #stablecoin link
Free Academy & VIP Access
Coindesk Regulation #stablecoin link
Free Academy & VIP Access
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🔮 A16z Supports CFTC, Stating That Rules Regulating Prediction Markets at the State Level Create "Barriers to Seamless Access."
theblock.co regulation #regulation link
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theblock.co regulation #regulation link
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🏦 Taiwan Lawmaker Calls for Bitcoin Reserve Using Foreign Exchange Reserves
According to the Bitcoin Policy Institute (BPI), Taiwanese legislator Dr. Ko Ju-Chun delivered BPI’s report on establishing a Bitcoin reserve for Taiwan to Premier Cho Jung-tai and Taiwan central bank Governor Yang Chin-long during a formal Legislative Yuan session on April 29.
Ko urged the executive branch to explore allocating a portion of Taiwan's $602 billion in foreign exchange reserves to BTC as a strategic national asset. He also requested the central bank to submit a new report within one month on stablecoins and broader digital asset reserves. #stablecoin link
Free Academy & VIP Access
According to the Bitcoin Policy Institute (BPI), Taiwanese legislator Dr. Ko Ju-Chun delivered BPI’s report on establishing a Bitcoin reserve for Taiwan to Premier Cho Jung-tai and Taiwan central bank Governor Yang Chin-long during a formal Legislative Yuan session on April 29.
Ko urged the executive branch to explore allocating a portion of Taiwan's $602 billion in foreign exchange reserves to BTC as a strategic national asset. He also requested the central bank to submit a new report within one month on stablecoins and broader digital asset reserves. #stablecoin link
Free Academy & VIP Access
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🚀 a16z Crypto: Why 'Stablecoins' Won't Age Well
According to a16z crypto, the term 'stablecoin' may eventually become outdated. The article argues that stablecoins were initially created to mitigate crypto volatility, but stability has now become a baseline feature rather than the main selling point.
Stablecoins are increasingly becoming financial infrastructure for instant cross-border transfers, real-time settlement, direct ownership, and embedded payments. The author suggests that the term may eventually be replaced by labels such as “digital dollars,” “digital euros,” or onchain assets. #stablecoin link
Free Academy & VIP Access
According to a16z crypto, the term 'stablecoin' may eventually become outdated. The article argues that stablecoins were initially created to mitigate crypto volatility, but stability has now become a baseline feature rather than the main selling point.
Stablecoins are increasingly becoming financial infrastructure for instant cross-border transfers, real-time settlement, direct ownership, and embedded payments. The author suggests that the term may eventually be replaced by labels such as “digital dollars,” “digital euros,” or onchain assets. #stablecoin link
Free Academy & VIP Access
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🇺🇸🚀 Deal Reached on Stablecoin Yield Provision, Clearing Path for US Crypto Bill
According to Bloomberg, a deal has been reached on a key stablecoin yield provision that had stalled US crypto legislation. The agreement allows users to earn rewards for holding stablecoins but includes added restrictions to address concerns from banks about potential deposit flight. #stablecoin
According to Bloomberg, a deal has been reached on a key stablecoin yield provision that had stalled US crypto legislation. The agreement allows users to earn rewards for holding stablecoins but includes added restrictions to address concerns from banks about potential deposit flight. #stablecoin
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📊 In 2021, Nancy Pelosi was asked if Congress should be banned from trading stocks.
Her response was, "No… This is a free market."
While serving nearly 39 years in Congress with an average annual salary of $168,000, she increased her net worth to an estimated $280,000,000.
Her response was, "No… This is a free market."
While serving nearly 39 years in Congress with an average annual salary of $168,000, she increased her net worth to an estimated $280,000,000.
📊 Polymarket April Fees Hit Record High at $43.36 Million
According to data from Defi Oasis, Polymarket’s monthly fees reached $43.36 million in April, more than doubling month-over-month and implying annualized fees of approximately $520 million. Of this, Polymarket Global generated $37.81 million, while Polymarket US contributed $5.55 million, accounting for over 97% of total fees in the on-chain prediction market sector.
According to data from Defi Oasis, Polymarket’s monthly fees reached $43.36 million in April, more than doubling month-over-month and implying annualized fees of approximately $520 million. Of this, Polymarket Global generated $37.81 million, while Polymarket US contributed $5.55 million, accounting for over 97% of total fees in the on-chain prediction market sector.
🇯🇵🐳 #BTC Japanese public company Remixpoint (3825.T) buys an additional 20.3 Bitcoin and now holds a total of 1,491.3 BTC.
Bitcoin 100 Ranking: 39
Bitcoin 100 Ranking: 39