Osero raises $13.5M led by Sky Ecosystem to build stablecoin savings on Plasma

Ripple, XRP, and RLUSD have become the focus of a new controversy after crypto commentator Pumpius claimed major banking groups are lobbying against legislation that could strengthen Ripple’s stablecoin ecosystem. The claim gained traction after internal messages linked to the American Bankers Association revealed concerns about stablecoin regulations and their potential impact on traditional bank […]

Binance's leadership shift may signal a strategic pivot towards DeFi and self-custody, impacting its marketing and partnership strategies. The post Binance CMO Rachel Conlan to depart on June 15 after three years appeared first on Crypto Briefing.

The post Kraken migrates to Chainlink CCIP for kBTC appeared on BitcoinEthereumNews.com. Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for its ISO 27001 and SOC 2 compliance, 16 independent nodes, native rate limits, and enterprise-grade security standards. The migration covers Kraken Wrapped Bitcoin (kBTC) and all future Kraken wrapped assets deployed across DeFi protocols. The move follows similar migrations by Kelp, Solv, and Re after the $292 million KelpDAO exploit in April that hit a LayerZero-powered bridge. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its exclusive bridge infrastructure going forward. The exchange did not specify a migration timeline but said the switch covers kBTC, its 1:1 Bitcoin-backed wrapped token, and all future Kraken wrapped assets that it plans to bri

Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform.  In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]

The post 3 Altcoins That Benefit Most From the CLARITY Act and Why appeared on BitcoinEthereumNews.com. The Crypto Market Structure Bill, CLARITY Act, passed the Senate Banking Committee on Thursday. The vote sends the crypto market structure bill toward a full Senate floor test and resets risk profiles for altcoin holders. Three tokens stand out as direct beneficiaries with profiles that fit the bill’s grandfather clauses, decentralization tests, and DeFi protections. Meanwhile, XRP, Solana, and Hyperliquid each align with the mechanics that the legislation favors. XRP Lands a Path Out of SEC Limbo XRP, the native asset of the Ripple network, sits closest to the bill’s grandfather clause. That language fast-tracks commodity status for tokens with approved or pending ETF products, sidestepping the full mature-blockchain test. Historically, secondary-market XRP sales have drawn SEC scrutiny. The bill ends that exposure for tokens meeting the new commodity definition. XRP Price Performan

The post Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles appeared on BitcoinEthereumNews.com. Senator Elizabeth Warren called on the SEC to investigate a Trump family-linked crypto business. The comments came during the Senate Banking Committee markup of the CLARITY Act. Reports said DeFi rules, BRCA language, and Democratic support became key late-stage issues. Senator Elizabeth Warren called on the SEC to investigate a crypto company linked to President Donald Trump’s family as the CLARITY Act faced a tense Senate Banking Committee markup. Her remarks added fresh pressure to a bill already caught between ethics concerns, DeFi rules, and late-stage amendment fights. The dispute raised a direct question for crypto markets: Will the CLARITY Act stall before reaching the Senate floor? Current signs show the bill can still move, but its bipartisan path has narrowed as Democrats press for stronger guardrails on conflicts of interest and market oversight.  Warren Raises Trump Cry

The post CLARITY Act clears Senate markup in 15–9 vote as ethics fights persist appeared on BitcoinEthereumNews.com. The Senate Banking Committee advanced the CLARITY Act in a 15–9 vote during a markup session on 14 May.  This moves the cryptocurrency market structure bill to its next legislative stage after lawmakers spent hours debating amendments covering ethics rules, decentralized finance [DeFi], and anti-money laundering provisions. A markup session is the stage where lawmakers review legislation line by line, propose changes, and vote on amendments before deciding whether the bill should move forward. The committee ultimately approved an amended version of the legislation, preserving momentum behind one of the most closely watched crypto regulatory efforts in Washington.  However, the vote does not represent final Senate approval, and the legislation still faces additional steps before it can become law. Warren amendments fail as ethics concerns remain During the session, lawmak

The Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may have gone too far. Bank of England Revisits Stablecoin Limits That Industry Called ‘Cumbersome’ Deputy Governor Sarah Breeden, who oversees financial stability at the UK central bank, told […]