Yield-Generating Stablecoins See Sharp Rise After GENIUS Act Approval
The issuance of yield-generating stablecoins has seen a significant uptick following the U.S. approval of the GENIUS Act in July — legislation that restricts stablecoin issuers from offering direct yields to holders. Recent data highlights that tokens like Ethena’s USDe and Sky’s USDS have emerged as the biggest gainers in this post-GENIUS landscape. These stablecoins […]
EU’s Push to Monitor Private Messages Gains Support Across Member States
A controversial European Union initiative, informally dubbed “Chat Control,” is once again gaining traction, with 19 out of the 27 EU nations reportedly backing the proposal. If approved, the measure would compel messaging services like WhatsApp, Signal, and Telegram to begin scanning all user messages, images, and videos as early as October—even those protected by […]
Trump Expected to Order Investigation Into Crypto and Political Debanking Practices
U.S. President Donald Trump is reportedly preparing to issue an executive order that would compel federal banking regulators to investigate allegations of “debanking” — particularly those raised by the cryptocurrency industry and conservative political groups. According to a draft seen by The Wall Street Journal, the directive would task regulators with examining whether financial institutions […]