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Sacks Says New Bill Allows Stablecoins To Soak Up Trillions—But Trump Ties Cloud The Push
Friday, June 20, 2025 - 9:23am | 655A stablecoin bill sprinting toward the legislative goal line could unleash trillions in global demand for U.S. Treasuries and cement the dollar's dominance in digital finance—at least if White House crypto adviser David Sacks gets his wish. But with President Donald Trump's family-linked crypto...
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House Republicans Demand Jerome Powell Provide Clarity On Fed's Crypto Intervention
Tuesday, August 29, 2023 - 11:12am | 509Republican representatives from the House Financial Services Committee have expressed concerns over the Federal Reserve's recent interventions in the cryptocurrency sector. In a letter addressed to Fed Chair Jerome Powell, Committee Chair Patrick McHenry (R-NC) stated that the Fed...
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Circle Considers Issuing A Stablecoin In Japan Following New Legislation
Thursday, July 6, 2023 - 10:46am | 446Payment services company Circle (CRYPTO: USDC) is contemplating the issuance of a stablecoin in Japan, following the recent implementation of legislation governing stablecoins in the country. The firm's co-founder and CEO, Jeremy Allaire, told CoinDesk that Japan could become a significant...