Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears to be a step back from the country’s plans to introduce a yuan-backed stablecoin. The
Investment firm Calamos has unveiled a new investment strategy aimed at limiting Bitcoin’s downside potential. Bitcoin (BTC) is becoming increasingly attractive to institutions, but many still view it as too risky. In response, on June 7, global investment firm Calamos introduced its “protected Bitcoin” strategy, designed to limit both the downside and the upside of
Key Takeaways Ripple CEO Brad Garlinghouse will join other industry figures to testify before the Senate Banking Committee on July 9. Garlinghouse emphasized that regulatory clarity is essential for innovation and consumer protection in the crypto industry. Share this article Ripple CEO Brad Garlinghouse will testify before the US Senate Banking Committee on Wednesday morning
U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will be a week-long U.S. holiday. God bless America. *claps* The House will spend the week debating three bills that could reshape crypto regulation and whether the U.S. still wants to be a serious player in crypto innovation.