Cryptocurrency
The GENIUS Act may trigger a $6.6T exodus from banks to stablecoins, reshaping banking and payments.
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The GENIUS Act may trigger a $6.6T exodus from banks to stablecoins, reshaping banking and payments.
Morgan Stanley advises careful crypto allocation in portfolios as Bitcoin hits an all-time high above $125,000.
This week in crypto: Chainlink teams with SWIFT for banks, Visa pilots stablecoins, Poland enforces strict crypto rules, and the SEC eyes tokenized stocks.
US Senate Finance Committee reviews crypto taxation, including small transaction exemptions and staking revenue classification.
House Republicans probe missing SEC Chair Gary Gensler text messages from 2022–2023.
US Senate Finance Committee to examine IRS guidance easing corporate cryptocurrency tax compliance.
Chainlink integrates with SWIFT and UBS to enable banks to execute blockchain transactions on existing infrastructure.
The SEC may allow tokenized stocks on crypto exchanges, bridging traditional finance and blockchain.
Deutsche Börse partners with Circle to integrate USDC and EURC into Europe’s financial system.
Visa pilots USDC and EURC stablecoin pre-funding to enhance cross-border payments and treasury operations for banks.