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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.
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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
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What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US. Â
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Investors Spend $148 Million In Donald Trump's Meme Coin Dinner
In total, investors spent an estimated $148 million on the $TRUMP meme coin to secure their seats at the dinner, with the top-25 holders spending more than $111 million, according to crypto intelligence firm Inca Digital.
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Bitcoin Surpasses $111,500 to Set New All-Time High; Majority of Altcoins Follow Suit in Market Rally
Bitcoin and Ether, both registered notable gains on Thursday, May 22. The overall crypto market cap rose by 3.56 percent in the last 24 hours. Bitcoin created a new historic all time high, touching $111,593 (roughly Rs. 95.6 lakh) amid supportive developments brewing in the US and other parts of the world.
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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.
-
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.
-
Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
-
What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US. Â
-
Investors Spend $148 Million In Donald Trump's Meme Coin Dinner
In total, investors spent an estimated $148 million on the $TRUMP meme coin to secure their seats at the dinner, with the top-25 holders spending more than $111 million, according to crypto intelligence firm Inca Digital.
-
Bitcoin Surpasses $111,500 to Set New All-Time High; Majority of Altcoins Follow Suit in Market Rally
Bitcoin and Ether, both registered notable gains on Thursday, May 22. The overall crypto market cap rose by 3.56 percent in the last 24 hours. Bitcoin created a new historic all time high, touching $111,593 (roughly Rs. 95.6 lakh) amid supportive developments brewing in the US and other parts of the world.
