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🔘 The US Treasury proposed new rules to implement the GENIUS Act, outlining when stablecoin issuers need a US license and when digital asset firms can offer or sell payment stablecoins to US users
The GENIUS Act framework will take effect on January 18, 2027, and public comments will be accepted for 60 days following its publication in the Federal Register.
@CryptosNetworks
The GENIUS Act framework will take effect on January 18, 2027, and public comments will be accepted for 60 days following its publication in the Federal Register.
@CryptosNetworks
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⚡️ White House confirmed a crypto meeting for Wednesday at 2:30 PM ET
Officials including Trump, the SEC Chair, and CFTC Chair are expected, alongside representatives from CME, Nasdaq, ICE, DTCC, NYSE, and crypto firms Coinbase, a16z, Gemini, and Robinhood.
@CryptosNetworks
Officials including Trump, the SEC Chair, and CFTC Chair are expected, alongside representatives from CME, Nasdaq, ICE, DTCC, NYSE, and crypto firms Coinbase, a16z, Gemini, and Robinhood.
@CryptosNetworks
⚪️ US SEC proposes new 'Regulation Crypto Assets' rules to establish an investment contract framework for crypto assets
@CryptosNetworks
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⚡️ Visa is seeking new stablecoin settlement partners after Mastercard acquired BVNK
Firms considered must be licensed in the US, UK, Canada and Singapore.
@CryptosNetworks
Firms considered must be licensed in the US, UK, Canada and Singapore.
@CryptosNetworks
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📢 BlackRock says the recent ~50% drop in Bitcoin’s price was caused by market deleveraging, not by changes to its long-term investment outlook
BlackRock continues to support a 1–2% allocation to Bitcoin in portfolios.
@CryptosNetworks
BlackRock continues to support a 1–2% allocation to Bitcoin in portfolios.
@CryptosNetworks
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📢 President Trump said the possibility of the US accumulating a significant amount of Bitcoin has been discussed
@CryptosNetworks
He stated: "Certainly it's been talked about. It's take a lot of pressure off the dollar. It's been very, very good for the dollar. and I think if you came in with recommendations I would certainly listen."
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📢 Standard Chartered says Bitcoin could reach $100K by the end of the year following the Treasury’s move to double long-term bond buybacks
The bank called this decision "exactly the type of thing Bitcoin loves."
@CryptosNetworks
The bank called this decision "exactly the type of thing Bitcoin loves."
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📈 Strategy’s bitcoin holdings are back above average purchase price as reported
The company now holds an unrealized profit close to $1 billion as bitcoin trades around $76,500.
@CryptosNetworks
The company now holds an unrealized profit close to $1 billion as bitcoin trades around $76,500.
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