JPMorgan, SEC meet to discuss capital markets moving onchain

JPMorgan, SEC meet to discuss capital markets moving onchain

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change. Executives with America’s biggest bank met with the Securities and Exchange Commission’s Crypto Task Force to discuss digital asset regulation and potential ramifications of capital markets moving onchain. The…

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US Senate passes GENIUS stablecoin bill in 68-30 vote

US Senate passes GENIUS stablecoin bill in 68-30 vote

The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, is one step closer to becoming law in the US after the US Senate voted to pass an amended version of…

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Stablecoins will soon have its 'iPhone moment': Circle CEO

Stablecoins will soon have its 'iPhone moment': Circle CEO

The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t…

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Shopify launches early access to USDC stablecoin payments on Base

Shopify launches early access to USDC stablecoin payments on Base

Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum…

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USDT issuer Tether buys 32% stake in Canada’s gold royalty firm

USDT issuer Tether buys 32% stake in Canada’s gold royalty firm

Tether’s investment in Canada’s Elemental Altus Royalties follows the company’s strategy to “integrate long-term, stable assets such as gold and Bitcoin in its ecosystem.” Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments…

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Investment giant Guggenheim taps Ripple to expand digital debt offering

Investment giant Guggenheim taps Ripple to expand digital debt offering

Guggenheim’s Treasury-backed fixed-income product will be available on the XRP Ledger. US investment manager Guggenheim is expanding its digital commercial paper offering through a partnership with Ripple, underscoring the growing convergence between traditional finance and crypto-native enterprises. Under the partnership, Guggenheim’s subsidiary, Guggenheim Treasury Services, will make its US Treasury-backed fixed-income asset available on the…

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