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Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
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A Trump Political Dynasty? His Son Eric Says...
Donald Trump's second son fueled speculation that his family seeks to establish a multi-generational political dynasty, saying he and other relatives may run for public office.
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Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
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Donald Trump's Youngest Son, Barron, May Have Earned $40 Million From Family's Crypto Venture: Report
Barron Trump, the youngest child of US President Donald Trump, may have earned close to $40 million - $25 million after taxes - from the sale of crypto tokens linked to the family's crypto venture named World Liberty Financial, according to Forbes.
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Coinbase Seeking US SEC Approval to Offer Blockchain-Based Stocks
Coinbase has asked for US SEC's approval to offer "tokenised equities" to its customers. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages such as Robinhood and Charles Schwab.
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US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
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US Senators Seek Details on Meta's Stablecoin Plans as GENIUS Act Stands Close to Approval
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
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Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
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Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
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Coinbase Breach Said to Be Linked to Customer Data Leak in India
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
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SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
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Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
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Crypto Has "Champion" In White House With Trump, Says JD Vance
Cryptocurrencies have "a champion and an ally" in US President Donald Trump, Vice President JD Vance said Wednesday, adding that the administration would end a "weaponization" of regulations against the community.
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Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
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How A Cigarette In A London Uber Cost This US Man Rs 1 Crore
A US techie was allegedly drugged and robbed of over Rs 1 crore worth of cryptocurrency in London by a man posing as an Uber driver.
-
Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
-
A Trump Political Dynasty? His Son Eric Says...
Donald Trump's second son fueled speculation that his family seeks to establish a multi-generational political dynasty, saying he and other relatives may run for public office.
-
Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
-
Donald Trump's Youngest Son, Barron, May Have Earned $40 Million From Family's Crypto Venture: Report
Barron Trump, the youngest child of US President Donald Trump, may have earned close to $40 million - $25 million after taxes - from the sale of crypto tokens linked to the family's crypto venture named World Liberty Financial, according to Forbes.
-
Coinbase Seeking US SEC Approval to Offer Blockchain-Based Stocks
Coinbase has asked for US SEC's approval to offer "tokenised equities" to its customers. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages such as Robinhood and Charles Schwab.
-
US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
-
US Senators Seek Details on Meta's Stablecoin Plans as GENIUS Act Stands Close to Approval
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
-
Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
-
Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
-
Coinbase Breach Said to Be Linked to Customer Data Leak in India
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
-
SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
-
Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
-
Crypto Has "Champion" In White House With Trump, Says JD Vance
Cryptocurrencies have "a champion and an ally" in US President Donald Trump, Vice President JD Vance said Wednesday, adding that the administration would end a "weaponization" of regulations against the community.
-
Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
-
How A Cigarette In A London Uber Cost This US Man Rs 1 Crore
A US techie was allegedly drugged and robbed of over Rs 1 crore worth of cryptocurrency in London by a man posing as an Uber driver.
