Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills. Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme
Victoria, Seychelles, May 21, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has launched the NEX Launchpool, enabling users to stake selected assets or participate in futures trading activities to share 10,000,000,000 NEX in airdrop rewards. The event runs from May 20, 2026, to June 20, 2026 (13:00 UTC), and features multiple staking […]
The post MEXC Launches NEX Launchpool With 10 Billion Tokens in Airdrop Rewards appeared first on Live Bitcoin News.
Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. Those numbers, cited by the crypto exchange last month, have added weight to a growing call in Congress to rethink how small digital asset transactions are taxed in the United States. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order A Study, Not An Exemption A bipartisan group of House lawmakers introduced a bill Tuesday that takes a first formal step toward addressing that burden. Called the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields Act — or PARITY Act — the legislation does not create a tax break for small crypto transactions. What it does is direct the Treasury Department to examine whether one should exist, and to report back within 180 days on what relief it can offer under its current authority. Innovation should create opportu
Compare SOL and XRP through the lens of ETF demand, institutional access, staking potential, liquidity, regulatory clarity and long-term altcoin market risks.
Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in Stablecoin Regulation The Bank of England will publish draft rules for systemic stablecoins next month, aiming to finalize a regulatory framework by year-end in alignment […]
The consultation could reshape EU crypto regulation, impacting stablecoin interest, DeFi oversight, and asset classification, influencing global standards.
The post European Commission opens consultation on MiCA updates for stablecoins and DeFi appeared first on Crypto Briefing.
Coins.ph has added Bitcoin and Ethereum to its QRPh crypto payment system across the Philippines. Users can now pay at an estimated 700,000 QRPh-enabled merchants, with crypto automatically converted into Philippine pesos at checkout. Coins.ph is expanding crypto payments in the Philippines beyond stablecoins. The Manila-based platform said it has added Bitcoin and Ethereum support [...]
