Blockchain News

Groundbreaking GENIUS Act: Bipartisan Amendments Reshape Stablecoin Regulation

Exciting developments are unfolding in the world of cryptocurrency regulation! The GENIUS Act, a piece of legislation with the potential to significantly reshape the stablecoin landscape, has just taken a major leap forward. Reported by Fox Business’ Eleanor Terrett on X, the Act has successfully passed out of committee, bolstered by crucial bipartisan amendments. This […]

Blockchain News

Strategic MEXC Investment: $36M Powering Ethena and USDe Stablecoin Revolution

In a bold move signaling robust confidence in the decentralized finance (DeFi) sector, MEXC Ventures, the investment division of the well-known crypto exchange MEXC, has just announced a significant $36 million investment. This substantial capital injection is directed towards Ethena (ENA) and its innovative USDe stablecoin, as reported by CoinDesk. A considerable $16 million is […]

Blockchain News

Strategic Shift: Circle Moves Tokenized Money Market Fund to Bermuda Jurisdiction

In a strategic move that’s turning heads in the crypto world, Circle, the powerhouse behind the USDC stablecoin, is reportedly shifting its newly acquired Hashnote Tokenized Money Market Fund (TMMF) to Bermuda. This intriguing development, first brought to light by CoinDesk, raises some vital questions for crypto enthusiasts and investors alike. What does this jurisdiction […]