June 2026 rulemaking accelerates as FinCEN proposes CIP for stablecoin issuers; a Fed staff note cites a $1T drain scenario. What this means for community banks.
While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual assets, as they lack the elements of traditional currency. Brazil’s Crypto Industry Opposes Stablecoin Designation As Virtual Currency While stablecoins have become immensely popular in […]
The potential US trade investigation could disrupt Swiss pharma exports, impacting global drug pricing dynamics and international trade relations.
The post Swiss pharma faces potential US trade investigation as Washington turns up pressure on drug pricing appeared first on Crypto Briefing.
The agreement's success hinges on Lebanon's control over Hezbollah, impacting regional stability and risk asset markets, including crypto.
The post Israel and Lebanon sign trilateral framework agreement in Washington as Hezbollah rejects key terms appeared first on Crypto Briefing.
The Fed's shift to less explicit guidance may enhance policy flexibility but requires careful signaling to maintain market stability.
The post IMF chief economist calls Fed’s forward guidance retreat ‘entirely appropriate’ appeared first on Crypto Briefing.
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody […]
Binance's crypto aid in Venezuela highlights stablecoins' potential to bypass economic instability, but execution challenges remain critical.
The post Binance Charity donates $3M in USDT to support Venezuela earthquake victims appeared first on Crypto Briefing.
BitGo cuts nearly 15% of its workforce as the crypto custodian shifts focus to AI, stablecoins, trading, and settlement. Crypto custodian BitGo is reducing its workforce by nearly 15% as it narrows its business focus. The company said the decision follows changes in the digital asset market and financial services sector. BitGo said it will […]
The post Crypto Custodian BitGo Cuts Jobs as It Bets on AI and Stablecoins appeared first on Live Bitcoin News.
