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Crypto investor loses $2.5M in stablecoins in double phishing scam
26.5.2025
A single victim has been scammed two times within three hours, losing a total of $2.5 million in stablecoins.According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT) followed by another 2.6 million USDt around three hours later. Cyvers said...
Bessent: Biden ‘Starved’ Crypto—Trump’s Plan Could Flood Treasuries With Trillions
25.5.2025
This week, U.S. Treasury Secretary Scott Bessent told the press that the Trump Administration is “going big on digital assets,” with a sharp focus on crypto tokens tied to the U.S. dollar. Bessent argues that stablecoins, by their very design, could fuel a growing appetite for U.S. Treasury bonds....
Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry
23.5.2025
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National...
Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum
23.5.2025
In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation. In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory...
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
23.5.2025
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms
Brazilian Financial Institution Braza Group Launches Dollar Stablecoin on XRP Ledger
23.5.2025
Braza Group, one of the largest financial groups in Brazil, unveiled USDB, a dollar-pegged stablecoin issued on top of the XRP Ledger. Currently available to its institutional customers, the token will be available for regular customers through the group’s app starting in May. Braza Group Targets...
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin The Wall Street Journal reported on May 22, citing...
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing...
XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin
23.5.2025
XRP Ledger enters the MiCA era with its first fully compliant euro stablecoin, unlocking institutional-grade euro payments, stablecoin utility, and real-world asset tokenization. MiCA-Compliant Euro Stablecoin Hits XRP Ledger Ripple shared on May 22 that Schuman Financial’s euro-backed stablecoin...
Senators plan to amend GENIUS Act to address Trump family's stablecoin
22.5.2025
Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry.According to a May...
Senators plan to amend GENIUS Act to address Trump family's stablecoin
22.5.2025
Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry.According to a May...
Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi
22.5.2025
Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said
U.S. Stablecoin Bill Approval Could Trigger a Long-Term Crypto Bull Market: Bitwise
22.5.2025
The passage of a U.S. stablecoin bill could be one of the most important regulatory developments in the history of crypto, the report said
Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’
22.5.2025
David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing.“We have every expectation now that it’s going to pass,” Sacks told CNBC on May...
Study: XRP Sees Q1 Growth While BTC, ETH, SOL Market Caps Fall
22.5.2025
In the first quarter of 2025, XRP’s market capitalization grew by 1.9%, reaching $121.6 billion, while the combined market cap of bitcoin, ethereum, and solana fell by 22%. All network metrics for XRP improved for the second consecutive quarter, with average daily active addresses increasing...
Hong Kong Passes Landmark Stablecoin Bill, Reshaping Digital Finance
22.5.2025
Hong Kong just turbocharged its digital finance ambitions, locking in a game-changing stablecoin law that mandates licenses, enforces full compliance, and ignites the city’s crypto leadership. Hong Kong Enacts Licensing Law for Stablecoin Issuers, Ushering in New Era for Crypto Assets The Hong Kong...
Stablecoins Are About to Hit ‘Critical Mass’ While 2027 Seen as Pivotal Year
21.5.2025
At Paxos' NYC event, speakers across four panels agreed that stablecoins are reshaping global finance — with regulation and infrastructure fast catching up
Bitwise CIO: Stablecoin Bill May Spark Multi-Year Crypto Bull Run
21.5.2025
A Senate vote to advance a bill regulating stablecoins is being hailed as a pivotal moment for the cryptocurrency industry. Bitwise’s Matt Hougan Says GENIUS Act Lays Groundwork for Institutional Adoption Hougan’s latest analysis explained that the U.S. Senate voted 66–32 on Monday to move...
Hong Kong Joins Global Race With New Stablecoin Licensing Bill
21.5.2025
Hong Kong has been working on establishing a stablecoin regime since 2023
Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments
21.5.2025
SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their Banco National mobile app Zigi