Congress blocks introduction of any CBDC in the next 4 years – but the fight over digital money is just starting
Congress just blocked the Federal Reserve from issuing a CBDC, and the companies benefiting most are private stablecoin issuers like Circle and Tether. The 21st…
A $223M DAO vote could turn governance into a cash-out button
GnosisDAO’s GIP-151 passed with 215% of the required quorum, 49 votes representing a voting weight roughly 2.15 times the 75,000 GNO minimum threshold. The proposal…
The UK softened stablecoin rules, but may still be capping its own market
The Bank of England has dropped the piece of its stablecoin plan that the industry hated most, the proposed £20,000 limit on how much sterling…
European crypto users are being paid to move before MiCA closes the door
The European Union’s Markets in Crypto-Assets (MiCA) has triggered a fight among licensed crypto exchanges to capture users and deposits from platforms that may no longer…