Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders. Read More at https://cointelegraph.com/news/new-york-eu-regulators-joint-stablecoin-oversight-agreement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin falls below $66K as US and Iran launch new strikes
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Read More at https://cointelegraph.com/news/bitcoin-falls-below-66k-as-us-iran-strikes-resume?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February. Read More at https://cointelegraph.com/news/us-sanctions-irans-top-crypto-exchange-as-war-rages-on?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Modern robots impress, but are years away from replacing humans
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages. Read More at https://cointelegraph.com/news/ai-humanoid-robots-years-away-from-replacing-human-workers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Read More at https://cointelegraph.com/news/crypto-turns-contrarian-as-ai-stocks-dominate-investor-attention-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cardano’s TapTools to wind down after 5 execs exit
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform. Read More at https://cointelegraph.com/news/cardano-protocol-taptools-winds-down-after-five-execs-exit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation. Read More at https://cointelegraph.com/news/lords-warn-bank-of-england-not-to-regulate-gbp-stablecoins-into-irrelevance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Read More at https://cointelegraph.com/news/democrats-labor-department-digital-assets-retirement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC makes digital assets strategic priority through 2030
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets. Read More at https://cointelegraph.com/news/sec-makes-digital-assets-strategic-priority-through-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto correction vaporized $176B in investor funds: Are bears back in control?
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets? Read More at https://cointelegraph.com/markets/crypto-correction-vaporized-176b-in-investor-funds-are-bears-back-in-control?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound