A new law in Canada is set to stop people from earning interest on stablecoins, a type of digital money that stays close in value to the dollar. The rule will require exchanges to block any “yield” features that let users grow their balances. This change is expected to hurt the crypto market and cau
The Treasury Department has drafted a set of rules under the GENIUS Act that may limit how stablecoins can offer returns to holders. The proposal, released by the Office of the Comptroller of the Currency, spans 376 pages and will be open for public comment for 60 days. It specifically targets
South Korea is in a pickle over who should be allowed to create a digital version of its currency, the won. The country's central bank wants banks to be in charge, but others think this could stifle competition and innovation. The Bank of Korea argues that banks should control the issuance of won-b
In 2025, Asia saw big moves in the crypto world. Bitcoin treasury firms, called DATs, became popular but faced scrutiny. Japan led the way with many listed companies holding Bitcoin, but regulators started looking into the risks. Hong Kong also joined in, with companies like 9GAG getting involved, b
The Bank of England has shared its updated plans for managing stablecoins, a type of digital currency tied to stable assets like the British pound. This isn't the first time they've talked about this, but their latest ideas have sparked some debate. The bank has been gathering thoughts from various
The GENIUS Act is now law, and it’s shaking up the world of stablecoins. This new rule means stablecoins will face stricter regulations, and the battle over how these rules are applied is just getting started. The act sets the stage for a two-year fight over how $250 billion in stablecoins will be
A heated debate is unfolding between banks and crypto advocates over the future of stablecoin regulations. The banking sector is pushing for changes, while crypto lobbyists are firmly opposed. Last week, a group of bankers made a strong case to senators. They want to modify or even remove parts of
Circle Internet Group, the company behind the popular USDC stablecoin, is facing some tough times. A big change in the crypto world has left its stock in a tricky spot. President Donald Trump recently signed a new law called the GENIUS Act. This law is all about regulating stablecoins, which are dig
House Republicans recently shook things up by voting against a key procedural measure. This vote was meant to advance several bills related to cryptocurrency and a Defense Department funding bill. The move caught many off guard, especially since it was supposed to be a big week for crypto under Pres
The crypto world is buzzing with excitement. The Senate just passed a new law called the GENIUS Act. This law is all about setting rules for stablecoins. Stablecoins are a type of cryptocurrency that tries to keep its value steady, unlike other cryptocurrencies that can be very volatile. They are ba
