🔥SHOCKING: 7 REPUBLICANS supported a bank-friendly stablecoin amendment hours before the CLARITY Act vote.
The proposal would broaden what counts as bank-like interest, making stablecoin rewards easier to restrict.
Introduced by Rep Sen. Jerry Moran, it had 11 co-sponsors, including six fellow Republicans.
Three of the four Republicans who voted against CLARITY were among its backers.
However, the amendment was never added because CLARITY failed before debate began.
@headlines
The proposal would broaden what counts as bank-like interest, making stablecoin rewards easier to restrict.
Introduced by Rep Sen. Jerry Moran, it had 11 co-sponsors, including six fellow Republicans.
Three of the four Republicans who voted against CLARITY were among its backers.
However, the amendment was never added because CLARITY failed before debate began.
@headlines
JUST IN: Michael Saylor's Strategy jumps 38 positions to become the 418th largest tradable asset.
Surpassed Standard Chartered and Macquarie!
$MSTR
@headlines
Surpassed Standard Chartered and Macquarie!
$MSTR
@headlines
🔥HUGE: Binance has invested $100 MILLION in Circle and renewed their strategic partnership for another five years.
The deal will expand USDC across Binance’s global platform, with a major focus on emerging markets.
Binance purchased Circle shares through a private placement at a 5% discount to $CRCL’s market price before closing.
Binance will lead USDC distribution and adoption, while Circle will provide the underlying infrastructure.
@headlines
The deal will expand USDC across Binance’s global platform, with a major focus on emerging markets.
Binance purchased Circle shares through a private placement at a 5% discount to $CRCL’s market price before closing.
Binance will lead USDC distribution and adoption, while Circle will provide the underlying infrastructure.
@headlines
🚨BULLISH: Trump’s financial disclosure reveals massive new buys of Coinbase and Strategy shares, dramatically increasing his crypto exposure.
The filing reports a $50,001–$100,000 Strategy purchase on July 27, following smaller purchases of Strategy and Coinbase worth $1,001–$15,000 each on July 24.
It also lists sales of $15,001–$50,000 each in CleanSpark and MARA on July 29.
The White House says third-party financial institutions independently manage the portfolio, with neither Trump nor his family able to influence investment decisions or timing.
@headlines
The filing reports a $50,001–$100,000 Strategy purchase on July 27, following smaller purchases of Strategy and Coinbase worth $1,001–$15,000 each on July 24.
It also lists sales of $15,001–$50,000 each in CleanSpark and MARA on July 29.
The White House says third-party financial institutions independently manage the portfolio, with neither Trump nor his family able to influence investment decisions or timing.
@headlines
JUST IN: Bitcoin ETF flows flipped positive year-to-date after $715M net buying on Tuesday.
$5.5B inflows since August.
Institutional appetite is officially back! 🚀
@headlines
$5.5B inflows since August.
Institutional appetite is officially back! 🚀
@headlines
🇬🇧JUST IN: UK completed the world's FIRST interbank transactions using tokenized pound deposits.
Lloyds, NatWest and Barclays, managing £1.52 TRILLION, just carried out mortgage transactions using blockchain-based versions of bank deposits.
In simple terms, bank deposits were turned into digital tokens and moved between banks.
@headlines
Lloyds, NatWest and Barclays, managing £1.52 TRILLION, just carried out mortgage transactions using blockchain-based versions of bank deposits.
In simple terms, bank deposits were turned into digital tokens and moved between banks.
@headlines
JUST IN: Bitcoin ETFs bought $2.3B through Thursday.
$190M inflows yesterday despite $84k stagnation.
Institutions keep betting on BTC.
Bullish! 🚀
@headlines
$190M inflows yesterday despite $84k stagnation.
Institutions keep betting on BTC.
Bullish! 🚀
@headlines
JUST IN: PayPal Europe Bitcoin & crypto buys remain paused over strict CARF tax rules.
• Users can still hold and sell positions.
• Requires tax residency proof.
@headlines
• Users can still hold and sell positions.
• Requires tax residency proof.
@headlines
⚡️JUST IN: ZachXBT says victims SCAMMED him out of a $100K cut after he recovered their stolen Bitcoin.
He says several victims GHOSTED him, as they stopped replying once their funds were returned, despite remaining active online.
@headlines
He says several victims GHOSTED him, as they stopped replying once their funds were returned, despite remaining active online.
@headlines
⚡️NEW: FedNow, the Fed’s instant payment service for U.S. financial institutions, is going CROSS-BORDER, but it is NOT using stablecoins.
FedNow will handle the U.S. leg of international payments in DOLLARS, while correspondent banks handle the overseas leg.
That puts stablecoins in direct competition, as banks gain a 24/7 regulated alternative for faster cross-border payments.
@headlines
FedNow will handle the U.S. leg of international payments in DOLLARS, while correspondent banks handle the overseas leg.
That puts stablecoins in direct competition, as banks gain a 24/7 regulated alternative for faster cross-border payments.
@headlines