UK regulator warns Premier League clubs over unauthorized crypto sponsors
This post was originally published on this site. Update (June 3, 1 pm, UTC): This article has been updated to include a comment from a spokesperson at BingX. The United…
Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
This post was originally published on this site. Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On…
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
This post was originally published on this site. A U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumer stablecoin holdings in…
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
This post was originally published on this site. Top Democrats on three House and Senate committees called on the US Labor Department to halt its plans to allow digital assets…
SEC makes digital assets strategic priority through 2030
This post was originally published on this site. The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling for regulatory clarity around blockchain technology,…
U.S. sanctions Iranian crypto exchanges in ongoing war against the country
This post was originally published on this site. The U.S. Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing campaign…
Crypto correction vaporized $176B in investor funds: Are bears back in control?
This post was originally published on this site. Key takeaways: Bitcoin’s sharp 8% drop triggered $1.5 billion in forced liquidations, ending a tight two-month small-cap correlation. Worsening market sentiment was…
Crypto PACs pour $3M into Maryland races as California voters head to polls
This post was originally published on this site. While residents of California, Iowa, Montana, New Jersey, New Mexico and South Dakota are voting today in Democratic and Republican Congressional primaries,…
Coinbase backs Ethena ahead of savings product launch for exchange’s 100 million users
This post was originally published on this site. Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol’s token on the…
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
This post was originally published on this site. Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the…