Author Archives: pdgweb

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

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

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

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

An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month. Read More at https://cointelegraph.com/news/crypto-pacs-maryland-races-media-buys-california-primaries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Read More at https://cointelegraph.com/news/coinbase-invests-proshares-etf-tailored-stablecoin-reserve-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. Read More at https://cointelegraph.com/markets/bitcoins-224k-fair-value-could-emerge-if-sovereign-debt-fears-deepen-bitwise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Read More at https://cointelegraph.com/markets/bitcoin-gets-new-50k-target-after-btc-price-crashes-6-in-a-day?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events. Read More at https://cointelegraph.com/news/cftc-michael-selig-gemini-politically-motivated-reverse-settlement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances. Read More at https://cointelegraph.com/news/movement-expands-stablecoin-payments-push-us-canada-eu-rails?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound