Author: James Wilson
The upcoming U.S. STABLE Act mandates full reserves, which will likely benefit compliant stablecoin issuers like Coinbase. U.S. stablecoin regulation is poised to have a significant impact on issuers. On Friday, April 17, Nansen released a report highlighting the potential winners of the STABLE Act. According to the report, compliant issuers like Coinbase, PayPal, and Visa will likely be the biggest beneficiaries. The STABLE Act, which passed the U.S. House Financial Services Committee on April 2, provides comprehensive regulation for stablecoins. Its goals are to protect holders, ensure transparency by issuers, and strengthen the role of the U.S. dollar. Some…
Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy. U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could fall behind if it continues to view crypto mainly as a risk. In a recent blog post, Coinbase’s country director for Singapore Hassan Ahmed warned that Singapore risks losing its lead if it continues to take a cautious approach to crypto. Ahmed noted though that the country already has a strong foundation in digital finance, adding that as of 2023,…
Spar, an international grocery chain, has begun accepting Bitcoin in a Swiss store, potentially paving the way for wider crypto adoption across its global retail network. In its April 17 LinkedIn post, DFX Swiss, a company which offers crypto-to-cash solutions, announced that the Spar location in the Swedish city of Zug has officially gone live on BTC Map — a platform tracking businesses worldwide that accept Bitcoin (BTC). DFX Swiss has enabled this payment system using a new tool called OpenCryptoPay. “This SPAR location is among the first supermarkets in Switzerland where you can pay directly at the checkout using…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteBIT has announced the first global live-streamed crypto trading tournament, ICTC 2025, bringing top traders together for a high-stakes, educational showdown. Crypto exchange WhiteBIT has officially announced the initial lineup of participants for the International Crypto Trading Cup 2025 (ICTC), the world’s first live-streamed global crypto trading tournament. Taking place from May 9 to 10, 2025, ICTC will showcase real-time trading, highlighting a wide range of strategies and decision-making styles. Participants will not only battle for the trophy but…
Bitcoin is consolidating at a key resistance within a descending channel. With volume declining and price nearing a pivotal area, traders are watching closely for either a strong rejection or a volume-backed breakout. This move could define the short-term trend going into next week. Bitcoin (BTC) has spent most of the week consolidating at a critical resistance zone within a clearly defined descending channel. This area has consistently acted as a key pivot during the ongoing downtrend, and price action is now once again approaching this resistance level. With both structure and context aligning, the market is approaching a decision…
Analysts say that an altcoin season is unlikely anytime soon, citing factors such as a lack of dovish Fed policy, macroeconomic uncertainty, and insufficient liquidity drivers. According to Matrixport analysts, Ethereum’s (ETH) dominance has plunged nearly 50% since the launch of the U.S. Ethereum spot ETF, which failed to reignite sustained interest in the altcoin market. As a result, all recent altcoin narratives — from meme coins to AI tokens and Layer 2 ecosystems — have mostly followed a familiar “pump and dump” pattern lately, failing to sustain upward momentum. Matrixport outlined three catalysts that are necessary to revive the…
Ivan Soto-Wright urged Congress in an open letter to ensure fair competition between state and federal stablecoin issuers in upcoming legislation. The MoonPay CEO voiced support for preserving state regulatory authority over stablecoin issuers, urging Congress to adopt key amendments proposed by the Conference of State Bank Supervisors to the GENIUS and STABLE Acts. In his letter to the Senate Banking and House Financial Services Committees, Soto-Wright emphasized the need for a dual federal-state framework, cautioning that current drafts of the legislation favor federally regulated issuers and risk marginalizing state-licensed players. Stablecoin rules shouldn’t play favorites.I’ve just sent a letter…