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πŸ’² Plasma: 1.1% of the US dollar supply is tokenized as Stablecoins

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⚑️ Fortune: Circle pursues IPO, but talks with Coinbase and Ripple could mean a sale

πŸ”„ Earlier: $20B offer.

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⚠️ Coinbase sued after scammers bribed workers to reveal user data @just πŸ“„
⚑️ Coinbase customer data theft to be investigated by Justice Department

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⚑️ Stablecoin legislation (GENIUS Act) overcame a procedural blockade in the US Senate

πŸ”„ Earlier: Bipartisan push, US Senator prediction.

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⚑️ Stablecoin legislation (GENIUS Act) overcame a procedural blockade in the US Senate πŸ”„ Earlier: Bipartisan push, US Senator prediction. @just πŸ“„
πŸ“£ Bill Hagerty, US Senator: "I look forward to making history with my colleagues this week".

Other quotes πŸ”½

πŸ“£ David Sacks, US Crypto Czar: "This legislation creates a legal framework for stablecoins β€” a big win for crypto".

πŸ“£ Justin Sun, TRON founder: "What a monumental day for the USA and the future of stablecoins!"

πŸ“£ Brian Armstrong, Coinbase CEO: "A huge win for crypto and the future of onchain innovation in America!"

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πŸ“£ Justin Sun announced that he will attend a TRUMP coin holders' dinner (May 22) as Trump's "TOP fan"

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❕ Binance called FTX suit legally baseless, blaming collapse on "one of the most massive corporate frauds in history"

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πŸ”₯ South Korean presidential front-runner proposes won-based stablecoin

Both Democratic Party of Korea presidential candidate Lee Jae-myung and People Power Party rival Kim Moon-soo have pledged to legalize and promote spot crypto ETFs.

πŸ”„ Earlier: Public officials disclosed crypto holdings in their 2025 asset declarations.

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⚑️ India’s Supreme court calls out the government over lack of crypto regulation

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πŸͺ™ Bitcoin Magazine: Proof of reserves should be the standard for Bitcoin treasury companies

πŸ”„ Earlier: Class action lawsuit against the Strategyβ‚Ώ.

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πŸ’Ž French authorities have denied Telegram founder Pavel Durov's request to travel to the USA for "negotiations with investment funds"

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❕ XRP lawyer Bill Morgan has publicly criticized Senator Cynthia Lummis and labeled her among the worst Bitcoin maximalists

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πŸ“£ Kevin O’Leary criticized Senator Elizabeth Warren for tying the GENIUS Act to President Donald Trump’s crypto ties, calling her stance "un-American"

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πŸͺ™ Standard Chartered: "SEC 13F fillings support BTC reaching $500K by 2028".

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❕ The German government lost a potential $2.3B gain by selling its BTC holdings at $57K

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⚠️ President Milei of Argentina terminates the division tasked with probing the LIBRA case

πŸ”„ Earlier: Argentina’s President denied promoting LIBRA.

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πŸͺ™ Michael Saylor released a video promoting BTC: "It makes more sense to buy Bitcoin than your own stock or bonds".

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⚑️ Circle's* co-founder plans to launch an AI-native bank

*β€” The issuer of the stablecoin.


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πŸͺ™ BlackRock has become the second-biggest holder of BTC, trailing only Satoshi Nakamoto

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⚑️ Crypto com secures EU license for launching crypto derivatives

πŸ”„ Earlier: Crypto com partners with Dubai.

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πŸ“£ Matt Hougan, Bitwise CIO, says: β€œStablecoin bill could pave the way for a multi-year crypto bull market”.

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