BUSINESS|FIAT|MARKET|REGULATION Updates
GENIUS Act Vote on May 19: Will the U.S. Finally Regulate Stablecoins?
The post GENIUS Act Vote on May 19: Will the U.S. Finally Regulate Stablecoins? appeared first on Coinpedia Fintech News The U.S. Senate is preparing to vote on the GENIUS Act (Guaranteed Electronic U...
Argentine court lifts Milei’s bank secrecy as LIBRA memecoin probe deepens
An Argentina court has ordered the Central Bank to lift the bank secrecy privileges of country President Javier Milei. This allows an examination of his financial records as federal prosecutors invest...
Fireblocks: 90% of Financial Institutions Bet on Stablecoins
The vast majority of financial institutions are already using or planning to integrate stablecoins into their operations. According to a report by digital asset platform Fireblocks, exactly 90% of org...
Panama City Mayor Teases Bitcoin Reserve Plan After Meeting El Salvador Officials
Panama City Mayor Mayer Mizrachi has sparked speculation about the city creating a Bitcoin reserve, following a cryptic social media post after meeting with two of El Salvador’s leading Bitcoin strate...
Galaxy CEO: Biden was ‘un-American’ to crypto, BTC to hit $150k
Michael Novogratz, founder and CEO of Galaxy Digital, said the crypto industry is at a turning point as his firm went public on the Nasdaq Thursday under the ticker GLXY. “We started off wanting to be...
Warren Buffett ditches crypto-friendly Nubank stock, profits $250 million
Warren Buffett has exited crypto-friendly Nubank holdings, netting $250 million in profit. The conglomerate also exited Citigroup and cut its Bank of America holdings, offloading more than $2.1 billio...
Michael Novogratz reached out to the US SEC on tokenizing his own company’s shares
Billionaire Michael Novogratz announced his company Galaxy is in talks with regulators on tokenizing already issued shares. Galaxy Digital Holdings, Inc. also runs a crypto platform, which will have a...
Republican infighting: GOP Congressman attacks Rep Marjorie for Pelosi-like Liberation Day stock trades
GOP Rep. Mike Lawler has gone after Rep. Marjorie Taylor Greene after a stock she invested in suddenly surged by 64%. There is increasing pressure on Congress to enact reforms that address the ethical...
Tinian government overrides veto to issue public stablecoin ahead of the US
The Pacific Northern Mariana Islands has overturned Governor Arnold Palacios’ April veto, allowing the small constituent island of Tinian to introduce a stablecoin. With a 14-2 vote, the Tinian govern...
Warren Buffett sold off Berkshire’s bank stocks and made no buys during Q1 market slump
Warren Buffett, who Google names as the greatest investor to ever live, didn’t use the first quarter dip to go shopping. He unloaded more than he bought, slashing Berkshire Hathaway’s exposure to bank...
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