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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, major banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi are entering the stablecoin race. Prediction platform Kalshi secured $300 million for…
The change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States. The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis…
Senate Republicans initially said they planned to pass digital asset market structure before 2026, but consideration of the bill was already delayed before the shutdown. Wisconsin Representative Bryan Steil, one of the original cosponsors of the House of Representatives’ crypto market structure bill, the CLARITY Act, said Republicans’ timeline of passing the legislation before 2026…
Dubai deploys oil wealth and Islamic finance to challenge Asian crypto dominance, but Hong Kong’s liquidity firepower and Beijing backing maintain supremacy. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association It is no secret that Dubai has been aggressively challenging its Asian counterparts for the crown of becoming the world’s next crypto…
The White House has withdrawn its nomination for Brian Quintenz to chair the US commodities regulator. Update (Oct. 1, 12:10 am UTC): This article has been updated to add a comment from Brian Quintenz and further information. The Trump White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission. “Being nominated…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Visa launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, the US Securities and Exchange Commission (SEC) said it won’t…
Shares in QMMM Holdings will be off the market until Oct. 13 after the US securities regulator suspended trading to probe possible stock manipulation. The US Securities and Exchange Commission has temporarily halted trading of crypto treasury company QMMM Holdings due to potential stock manipulation, coming just a week after reports surfaced of a regulatory…
The SEC backed off from DePIN tokens in a rare no-action letter, as the agency’s top brass says it’s not meant to “regulate all economic activity.” The US Securities and Exchange Commission has signalled that it won’t take enforcement action against tokens tied to blockchain-based Decentralized Physical Infrastructure Networks (DePIN). In a no-action letter on…
NovaDius Wealth Management president Nate Geraci said it will be an “enormous next few weeks for spot crypto ETFs” as the SEC is due to decide on 16 applications. The crypto industry could be set for a flood of new crypto exchange-traded funds in October, with the US Securities and Exchange Commission set to make…
New York City Mayor Eric Adams is officially out of the mayoral race, plunging the city’s pro-crypto push into limbo. New York’s crypto hub ambitions could be set for uncertainty after New York City Mayor Eric Adams dropped out of his reelection bid on Sunday. In a video on X on Sunday, Adams cited financial…