Fireblocks buys crypto accounting platform TRES for $130M
Fireblocks has expanded its institutional offering by buying TRES, a crypto accounting and tax compliance platform, as it looks to keep up with the use of stablecoins.
GENIUS Act changes would be a ‘national security trap’: Crypto execs
Pro-crypto lawyer John Deaton argued that banning yield on stablecoins would incentivize the use of China’s interest-bearing digital yuan, hurting the US dollar.
Wyoming rolls out state-backed FRNT stablecoin to the public
Wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token" to be issued by a US public entity, says state Governor Mark Gordon.
Trumps' World Liberty Financial applies for banking charter to expand USD1
The Trump family’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions.
Crypto reps fly to US capitol this week to address market structure bill
The Digital Chamber will facilitate engagement with representatives from several digital asset companies in Washington, D.C., on Thursday, ahead of a markup on a major crypto bill.
Polymarket, Dow Jones deal puts prediction markets data in Wall Street Journal
The companies are partnering to make prediction markets available with “dedicated data modules” on Dow Jones-owned websites and some of its print media.