Stablecoin Market Cap Hits $300 Billion Milestone — Growth Fuels Optimism and Raises Concerns
The stablecoin market cap has officially reached the $300 billion mark for the first time in history, highlighting the growing role of dollar-pegged tokens in the global digital asset ecosystem. According to data from DeFiLlama, the total stablecoin market cap now sits at $301 billion, cementing its status as one of the most important metrics […]
BIS Criticizes Stablecoins, Urges Tight Restrictions on Their Use as Money
The Bank for International Settlements (BIS) has issued a strong warning about stablecoins, asserting that they are not suitable substitutes for traditional forms of money. In a newly released report, the central banking institution argued that stablecoins, despite being pegged to national currencies, fail to deliver the fundamental qualities of sound money and should face […]
UK Plans Full Crypto Regulatory Framework by 2025
The UK Labour government plans to introduce a unified crypto regulatory framework by 2025, aiming to position the country as a global digital asset hub. The Labour Party of the United Kingdom is in the process of establishing a comprehensive regulatory framework for cryptocurrencies, stablecoins, and staking services, following its historic landslide victory earlier this […]
Charles Hoskinson Joins Trump Administration to Shape Crypto Regulation
Charles Hoskinson, the founder of Cardano, disclosed his intention to collaborate with the administration of former U.S. President Donald Trump in order to influence the evolution of crypto regulations. The objective is to establish unambiguous regulatory frameworks for the cryptocurrency industry, which has long been plagued by uncertainty. Charles Hoskinson’s take on Trump Administration Hoskinson […]
US SEC Sues Cumberland DRW of $2B Unregistered Crypto Sales
US SEC has charged Cumberland DRW with violating securities laws by transacting over $2 billion in crypto assets as an unregistered dealer. The U.S. Securities and Exchange Commission (SEC) has charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in the crypto asset market. The SEC alleges that Cumberland carried out over $2 billion in […]