European policymakers are accelerating work on the digital euro after Washington’s landmark stablecoin legislation heightened fears of eroding the euro’s global influence. Momentum in Brussels picked up after President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins Act (Genius Act) in July, according to people familiar ...
In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The updated version of HR 3838—the House’s draft ...
The cryptocurrency industry is enjoying unprecedented political support in Washington and renewed enthusiasm on Wall Street, as President Donald Trump moves to position the U.S. as a global leader in digital assets, CBS News reports. At the Bitcoin 2025 conference in Las Vegas earlier this year, the largest in the ...
David Bailey, a key Bitcoin adviser to the U.S. President Donald Trump and founder of Bitcoin Magazine, is seeking to raise between $100 million and $200 million for a political action committee (PAC) focused on promoting Bitcoin-friendly policies in the United States. Bailey, also the CEO of Nakamoto Holdings and ...
The Trump administration is expected to release a much-anticipated report today that will outline its approach to digital assets. This marks a significant step in shaping future crypto regulation in the U.S. The report comes from a cryptocurrency working group President Trump established shortly after taking office. Led by Bo ...
A new report by Cornerstone Advisors reveals that over $2.15 trillion has exited U.S. community banks and credit unions in recent years, with a significant portion of these funds moving toward cryptocurrency and digital investment platforms. Commissioned by fintech firm InvestiFi, the study highlights a growing shift toward composable finance—an ...
Coinbase has expanded its derivatives offerings by launching perpetual futures trading in the United States, granting eligible users access to high-leverage crypto trades previously unavailable under U.S. regulatory frameworks. On Monday, the leading crypto exchange announced that U.S. customers can now trade perpetual futures via Coinbase Financial Markets accounts. At ...
Polymarket is making a major comeback in the United States after acquiring QCEX, a licensed derivatives exchange and clearinghouse, in a $112 million deal announced on July 21. The strategic acquisition gives Polymarket a direct route back into the U.S. market after more than two years of operating abroad due ...
The United States has initiated a formal investigation into Brazil's digital trade policies, focusing on the country’s state-run Pix payment system. This move intensifies existing tensions between the two nations in the fintech sector. U.S. Targets Brazil’s Pix System in Rising Fintech Tensionshttps://t.co/JOGVwXTrcg — John Morgan (@johnmorganFL) July 18, 2025 ...
Senate Banking Committee Chairman Tim Scott has applauded the House of Representatives for approving the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, describing it as a significant advance in shaping America’s digital asset landscape. In a statement issued on July 17, Scott (R-S.C.) described the bill as ...
