After a bipartisan approval in the Senate Banking Committee, the crypto market structure bill now advances to a final overhaul aimed at Senate and House passage.
In the hearing to advance the market structure bill to its next stage, lawmakers from both parties granted lengthy talks hadn't yet found needed common ground.
Stablecoins are moving beyond crypto into real-world finance, becoming vital B2B cross-border payment and treasury infrastructure, valued for efficiency, speed and regulatory compliance.
Spot ETF outflows and a hawkish Federal Reserve are creating a "macro ceiling" that makes a new all-time high unlikely without a major geopolitical shift.
The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.
A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.
XRP outperformed major tokens during a volatile session, with a late volume burst pushing price back toward resistance that has capped rallies for weeks.
Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.