Stablecoins

Stablecoin Giant Circle Targets $6.7 Billion Valuation in U.S. IPO

Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis…

1 year ago

Senate Passes Stablecoin Bill ‘GENIUS Act’ for Amendment

The U.S. Senate has voted 69–31 to advance the GENIUS Act, a significant step toward regulating stablecoins, cryptocurrencies pegged to…

1 year ago

Hong Kong Passes Stablecoin Legislation

Today Hong Kong’s Legislative Council passed the Stablecoin Bill for fiat-referenced stablecoins. The legislation is expected to come into force later…

1 year ago

Senate Stablecoin Bill GENIUS Act Gains Support and Moves One Step Closer to Passing

Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has…

1 year ago

Stablecoin Legislation Is Moving in the Senate Again as Lawmakers Negotiate New Draft

Amidst the nail-biter, week-long drama over whether the Senate’s GENIUS Act is really dead or not, progress appears to have been…

1 year ago

Senator Warren Calls for Blocking Big Tech Stablecoins

Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a…

1 year ago

Stablecoin Legislation Suffers Severe Blow as GENIUS Act Fails to Pass Key Senate Vote

The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s…

1 year ago

Visa Invests in B2B Stablecoin Payments Firm BVNK

UK-headquartered BVNK announced a strategic investment by Visa Ventures. BVNK provides stablecoin payment infrastructure and wallet solutions. Based on company filings, Visa invested €2 million ($2.27m)…

1 year ago

Meta Eyes Stablecoins Again as US Regulatory Landscape Shifts

Meta is exploring stablecoin integration into its platforms for global payouts, according to a Forbes report citing five people familiar with…

1 year ago

Torres to Introduce Bill Banning Trump, Lawmakers From Cashing in on Memecoins and Stablecoins

Rep. Ritchie Torres, D-N.Y., plans to introduce legislation that would block President Donald Trump, future presidents, and members of Congress…

1 year ago