Circle Publishes Official USDC Spec for Machine Payments Protocol, Enabling Crosschain Agent-to-Agent Commerce
Circle published a formal USDC method specification for the Machine Payments Protocol on Monday, standardizing how AI agents and automated services settle payments in USDC across EVM-compatible blockchains and Solana. The spec introduces the first crosschain MPP payment profile via Circle Gateway
Circle published a formal USDC method specification for the Machine Payments Protocol on Monday, standardizing how AI agents and automated services settle payments in USDC across EVM-compatible blockchains and Solana. The spec introduces the first crosschain MPP payment profile via Circle Gateway
Warwick Takes Personal Blame for sUSD Mismanagement, Charts Basis-Vault Replacement
Synthetix founder Kain Warwick published a detailed thread this morning acknowledging that sUSD has been depegged for over a year, taking personal responsibility for treasury mismanagement, and outlining a basis-vault-backed replacement stablecoin to run on the protocol's new v4 exchange.
Synthetix founder Kain Warwick published a detailed thread this morning acknowledging that sUSD has been depegged for over a year, taking personal responsibility for treasury mismanagement, and outlining a basis-vault-backed replacement stablecoin to run on the protocol's new v4 exchange.
CFTC Sues Kentucky to Defend Its Exclusive Jurisdiction Over Prediction Markets
The CFTC sued Kentucky on Tuesday to stop the state from using its own laws and a new transaction fee to push federally registered prediction markets out, widening a multi-state campaign over exclusive federal jurisdiction.
The CFTC sued Kentucky on Tuesday to stop the state from using its own laws and a new transaction fee to push federally registered prediction markets out, widening a multi-state campaign over exclusive federal jurisdiction.
Trump White House Negotiating CLARITY Act Ethics Deal With Senate Democrats
A Trump White House official is negotiating an ethics compromise on the CLARITY Act with Senate Democrats, the last major sticking point before a floor vote, as Senator Cynthia Lummis says the US is finally close to getting digital asset legislation right.
A Trump White House official is negotiating an ethics compromise on the CLARITY Act with Senate Democrats, the last major sticking point before a floor vote, as Senator Cynthia Lummis says the US is finally close to getting digital asset legislation right.
Nearly 100 Catholic Leaders Oppose CLARITY Act Over Trafficking Safeguard Provisions
Close to 100 Catholic bishops and church leaders have sent a letter to Senate leadership opposing the CLARITY Act, arguing that a provision shielding non-custodial developers from money-transmitter rules would weaken federal safeguards against human trafficking and other financial crimes.
Close to 100 Catholic bishops and church leaders have sent a letter to Senate leadership opposing the CLARITY Act, arguing that a provision shielding non-custodial developers from money-transmitter rules would weaken federal safeguards against human trafficking and other financial crimes.
Digital Chamber CEO Carbone Presses Senate for CLARITY Act Vote, Citing Financial Friction Cost to Americans
Cody Carbone of The Digital Chamber testified Tuesday before the Senate Banking Committee that passing the CLARITY Act is a prerequisite for reducing financial friction costs that fall hardest on lower-income households, as no Senate floor vote has yet been scheduled.
Cody Carbone of The Digital Chamber testified Tuesday before the Senate Banking Committee that passing the CLARITY Act is a prerequisite for reducing financial friction costs that fall hardest on lower-income households, as no Senate floor vote has yet been scheduled.
Congress Passes Fed CBDC Ban Through 2030, Sends Bill to Trump
Both chambers of Congress have passed the 21st Century ROAD to Housing Act, which prohibits the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The House cleared the bill 358-32 on Tuesday, one day after the Senate's 85-5 vote, sending it to President Trump for
Both chambers of Congress have passed the 21st Century ROAD to Housing Act, which prohibits the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The House cleared the bill 358-32 on Tuesday, one day after the Senate's 85-5 vote, sending it to President Trump for