FDIC Advances Rulemaking For GENIUS Act: New Framework For Stablecoin Issuers

The Federal Deposit Insurance Corporation (FDIC) has moved to translate the country’s first crypto bill for stablecoins, the GENIUS Act, into concrete regulatory guidance for banks and their fintech subsidiaries that wish to use or issue stablecoins.  In a notice of proposed rulemaking approved by the FDIC Board, the agency lays out “a prudential framework”… Continue reading FDIC Advances Rulemaking For GENIUS Act: New Framework For Stablecoin Issuers

Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align

The macroeconomic factors appear to be setting the stage for Bitcoin’s next explosive move. Ceasefire And Rate Cut Buzz Fuel Bitcoin Price Optimism  Over the weekend, the Bitcoin price briefly slipped, triggering over $200 million in leveraged long liquidations. However, this dip proved short-lived as the flagship cryptocurrency rebounded swiftly above $100,000 following US President… Continue reading Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align