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Fed's Powell reasserts support for stablecoin legislation
As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell.In an...
Securitize manages $38B with acquisition of MG Stover admin business
Tokenization company Securitize has expanded its digital asset operations by acquiring MG Stover’s fund administration business, in a move the company said has significantly...
3iQ’s Canadian Solana ETF selects Figment as staking provider
Blockchain infrastructure provider Figment has been selected as the staking provider for 3iQ’s newly approved Solana exchange-traded fund (ETF), underscoring Canada’s continued efforts toward...
OpenAI is building 'X-like social network' to rival Elon Musk — Report
Large language model developer OpenAI is reportedly working on a new social media network, putting the company on a collision course with Elon Musk’s...
Ethena Labs exits German market following agreement with BaFin
Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE)...
Weaker yuan is 'bullish for BTC' as Chinese capital flocks to crypto — Bybit CEO
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a...