The white house will host a meeting on Monday with executives from banking and cryptocurrency firms as both industries try to break a deadlock over major crypto legislation, according to three industry sources. The session is intended to explore how…
European banks to launch euro stablecoin to counter US lead?
European banks are launching a joint effort to issue a euro-denominated stablecoin through a new Amsterdam-based company. The group includes nine major institutions, such as ING, UniCredit, and Danske Bank. Their goal is to challenge the dominance of U.S. dollar-backed…
Is stablecoin startup Zerohash raising $104 million now?
stablecoin startup Zerohash raised $104 million at a $1 billion valuation, led by Interactive Brokers. The Chicago-based firm serves financial institutions that want crypto trading, tokenization, and stablecoin features. Morgan Stanley and Apollo Global Management also joined the round, with…
Is Fireblocks ready to run a stablecoin payment system soon?
Stablecoins are moving into payments, and Fireblocks is stepping in with a network built for transfers and conversions at scale. The firm, valued at 8 billion dollars in 2022, says more than 40 participants are live at launch, including Bridge…
Stablecoin EURAU Launch Backed by Deutsche Bank and Partners
The launch of AllUnity’s EURAU marks a significant inflection point in Europe’s effort to build credible euro-denominated digital money alongside a market overwhelmingly dominated by U.S. dollar equivalents. EURAU is a fully regulated euro-pegged stablecoin backed by heavy institutional capital…
Crypto Market Tops $4 Trillion as US Stablecoin Bill Advances
The total market value of cryptoassets surged past $4 trillion for the first time, driven by a remarkable altcoin rally and the momentum from a comprehensive US legislative push to regulate the sector. This landmark valuation underscores renewed institutional interest in…
Stablecoin Regulation Bill Advances During House Crypto Week
Republican leaders in the House of Representatives plan to approve legislation this week that would set clear rules for dollar-backed stablecoin issuers. The measure follows Senate approval on June 30 by a vote of 81–13 and represents Congress’s first comprehensive…
Coinbase Stock Rises 45% on Senate Stablecoin Approval
Coinbase Global Inc. shares closed at the highest level ever last Thursday when the stock climbed 5.5% to $375.07, surpassing the prior peak of $357.39 from November 2021. After tumbling to a record low in late 2022 amid the collapse…
Coinbase climbs 38% on US stablecoin bill and MiCA approval
Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…
Crypto market jumps on stablecoin act as Circle gains 53%
The U.S. legislative landscape shifted dramatically this week as the Senate approved the GENIUS Act, marking the first comprehensive regulatory framework for stablecoins. This development sent shockwaves across the financial ecosystem, driving shares of the first publicly traded stablecoin issuer,…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
