Grosscrypto News

UK Lords warn BoE could regulate pound stablecoins into irrelevance

UK Lords warn BoE could regulate pound stablecoins into irrelevance - Latest Cryptocurrency News

A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

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US lawmakers push back on Labor Department plans to include crypto in 401(k)s

US lawmakers push back on Labor Department plans to include crypto in 401(k)s - Latest Cryptocurrency News

The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.

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SEC makes digital assets strategic priority through 2030

SEC makes digital assets strategic priority through 2030 - Latest Cryptocurrency News

The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.

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Crypto correction vaporized $176B in investor funds: Are bears back in control?

Crypto correction vaporized $176B in investor funds: Are bears back in control?  - Latest Cryptocurrency News

Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?

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Crypto PACs pour $3M into Maryland races as California voters head to polls

Crypto PACs pour $3M into Maryland races as California voters head to polls - Latest Cryptocurrency News

An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.

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Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

Coinbase invests in ProShares ETF tailored for stablecoin reserve assets - Latest Cryptocurrency News

The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.

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Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise

Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise - Latest Cryptocurrency News

A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.

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Bitcoin gets new $50K target after BTC price crashes 6% in a day

Bitcoin gets new $50K target after BTC price crashes 6% in a day - Latest Cryptocurrency News

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.

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CFTC chair claims Gemini case was politically motivated, seeks to reverse settlement

CFTC chair claims Gemini case was politically motivated, seeks to reverse settlement - Latest Cryptocurrency News

The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.

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Movement expands stablecoin payments push with access to US, Canada, EU rails

Movement expands stablecoin payments push with access to US, Canada, EU rails - Latest Cryptocurrency News

The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.

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