Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges...
In brief
House Republicans have attached anti-CBDC measures to an upcoming Defense Bill.
The U.S. remains the only major economy to halt retail CBDC development.
Stablecoins...
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According to reports, a Pennsylvania Democratic lawmaker on Aug. 20 filed...
Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency...
Key NotesBeijing sees stablecoins as a tool for Yuan internationalization amid U.S.dominance in dollar-backed digital assets.However, capital controls remain a challenge, with the...
