Mastercard is shaking things up in the world of payments. They're teaming up with Fiserv to add a new type of digital money, called FIUSD, to their payment system. This means users might soon be able to pick from cash, credit, or this new digital money when they pay for something. The goal? To give people more choices, especially younger folks who love tech and diffe...
The stock of Circle Internet Group (CRCL) has jumped 7% during Friday's trading. This boost follows the Senate's approval of the GENIUS Act. This new law creates a federal framework for stablecoin use. Stablecoins are a type of cryptocurrency. Their value is tied to another currency or asset, like the U. S. dollar. This is the first major legislation by Congress on d...
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 backed by real money or other safe assets. This new law could make stab...
The Senate's recent approval of a stablecoin bill has sent shockwaves through the crypto world. This bill is a big deal because it's the first major step by Congress to regulate digital currencies. It's all about setting rules for stablecoins. These are cryptocurrencies that are pegged to another asset, like the U. S. dollar. This means banks, fintech companies, ...
The Senate has made a significant step forward in the world of digital money. They passed a law to regulate stablecoins, which are a type of cryptocurrency designed to keep a steady value. This is a big deal because it's the first time the U. S. government is setting rules for these digital tokens. Stablecoins are often linked to the U. S. dollar and are used by cryp...
A new banking startup is brewing in Silicon Valley. This venture, tentatively named Erebor, is the brainchild of Palmer Luckey. He is the mastermind behind the Oculus VR headset and the defense tech firm Anduril. This new project aims to shake up the financial world. It has a focus on supporting tech entrepreneurs rather than chasing big returns on deposits. ...
The Trump family has been making waves in the crypto world, and now, US senators are paying close attention. They are questioning a massive deal involving the family's crypto firm, World Liberty Financial, and a group of investors that includes foreign players. This isn't just about money; it's about the potential mix of private profits and public power. Senators El...
Circle Internet Group, a U. S. company, made a splash on the New York Stock Exchange. On Thursday, it started trading its shares, and the price shot up quickly. This caught the eye of many crypto fans and investors. Circle is known for creating USDC, a type of digital money called a stablecoin. USDC can be swapped for U. S. dollars at a 1-to-1 rate. Circle also has a...
The Securities and Exchange Commission (SEC) made a surprising move by dropping its lawsuit against the crypto exchange Binance. This decision came just days after Binance started trading a new stablecoin created by World Liberty Financial, a company with strong ties to former President Donald Trump. This stablecoin, called USD1, is designed to match the value of the...
Donald Trump's latest venture into the crypto world has raised eyebrows. His stablecoin, USD1, started trading on KuCoin, an exchange that's had its fair share of troubles. KuCoin was recently banned in the U. S. after admitting to breaking anti-money laundering rules. They had to pay a hefty fine of almost $300 million and agreed to stay out of the U. S. market for ...