$6 Billion ‘Heist’: New GENIUS Act Robs Stablecoin Holders
Geopolitical analysis suggests Congress legalized a massive wealth transfer by barring retail users from the interest generated by stablecoin reserves.
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Laws, bills, and global decisions that define the legal future of blockchain and digital assets.
Geopolitical analysis suggests Congress legalized a massive wealth transfer by barring retail users from the interest generated by stablecoin reserves.
Brian Armstrong’s rejection of the Clarity Act marks the end of the “begging for scraps” era as industry leaders refuse a surrender treaty to the banking elite.
December CPI data suggest the central bank’s implicitly accepting a higher inflation floor to avoid a recession, creating a structural tailwind for digital assets.
Institutional dominance hits a 42-month high as the asset removes its long-standing regulatory risk discount.
The unilateral freezing of $182 million in Venezuelan assets proves that Tether offers Washington faster control over rogue capital than the SWIFT banking system.
Federal Reserve Chairman Powell publicly linked a Justice Department investigation to his refusal to cut rates, ending the era of central bank independence.
The sanctioned nation has effectively replaced SWIFT with USDT stablecoin, processing 80% of its crude revenue via blockchain rails to bypass U.S. financial blockades.
The President-elect confirmed his stance in a New York Times interview, ending Sam Bankman-Fried’s strategic attempt to align with populist political narratives.
The President’s executive order targets Wall Street’s role in residential real estate, triggering a selloff and a search for alternative hard-asset hedges.
The bank applied for an Ethereum fund with staking rewards just 24 hours after its Bitcoin and Solana filings, fueling theories of a coordinated institutional entry.
While index provider MSCI halted delistings, a technical cap on share counts removes the automatic institutional demand for new equity, neutralizing the Bitcoin ‘flywheel’ strategy.
The Wyoming Senator alleges the liquidation of assets from privacy wallet developers Samourai, violates a 2025 Executive Order mandating a national Bitcoin treasury.
The implementation of the OECD’s reporting framework forces exchanges to act as automated border agents, sharing granular transaction data with tax authorities in real-time.
The legislative push to regulate stablecoins represents a “cosmetic illusion of freedom” designed to entrench…
The central bank’s record New Year’s Eve operation exposes a structural deficit in private capital and strengthens the macro thesis for Bitcoin.
Economy decouples from monetary policy as cash-rich tech infrastructure drives growth, crushing hopes for January easing.
Beijing ends ‘debt discipline’ with plans for trillion-yuan bond issuance to counter 25-month industrial contraction and property slump.
Tron founder Sun doubles down on 2022 bailout narrative, framing a self-interested liquidity bid as a missed opportunity to save the exchange.
Draft legislation proposes a “grand bargain” for crypto: a five-year income deferral for staking rewards in exchange for strict wash sale rules and hedging taxes.
With a New York trust charter in hand and a federal regulator now leading legal, MoonPay is courting Wall Street’s biggest exchange operator to cement its status as a qualified custodian.
A new custody framework issued Wednesday by the Securities and Exchange Commission’s Division of Trading…
The reversal dismantles a key barrier for state-chartered crypto banks, prompting immediate praise from Custodia CEO Caitlin Long and a dissent from Vice Chair Michael Barr.
Federal judge permits second amended complaint alleging insiders used Jito MEV tools to front-run retail traders.
Agency implements 120-day decision deadline under GENIUS Act, granting default licenses to lenders if regulators stall.
Bank pivots from private ledgers to public infrastructure, seeking enhanced liquidity and 24/7 settlement utility for institutional clients.
Legislation championed by Senator Lummis aims to establish a Strategic Bitcoin Reserve funded by revaluing Federal Reserve gold certificates.
The SEC formalizes the clash between financial surveillance and privacy in an upcoming roundtable, with Commissioner Peirce calling to “recalibrate” oversight measures to protect civil liberties.
The largest exchange transforms from regulatory nomad to licensed financial institution, securing end-to-end activities in the Gulf.
House Democrats have released a sweeping staff report detailing alleged Trump crypto corruption, claiming the administration generated $11.6 billion in family wealth while halting federal probes into industry donors.
The Shiba Inu ETF inclusion narrative gains official ground as NYSE Arca files a 19b-4 request for the T. Rowe Price Active Crypto ETF, listing SHIB as an eligible asset.
Coinbase Derivatives eliminates institutional trading gaps by introducing round-the-clock trading for Coinbase SHIB futures via partners like Webull and StoneX, fulfilling critical liquidity requirements for a potential spot ETF.
Shiba Inu (SHIB) has secured a coveted spot on Japan’s “Green List” of approved crypto…
Active-duty U.S. soldier among 5 who pleaded guilty helping North Korean IT workers infiltrate 136 US companies using laptop farms and stolen identities.
Thai police arrested 15 Eastern European nationals operating a cryptocurrency investment fraud website from a windowless Bangkok warehouse after neighbors reported suspicious activity.
A new UAE law stops short of a Bitcoin ban but imposes a sweeping licensing regime on crypto services, creating significant compliance risks for global firms.
Canary Capital’s XRPC begins trading on Nasdaq following auto-effective registration as institutional demand for regulated altcoin exposure drives wave of new exchange-traded products
The landmark ruling upholds a worldwide injunction against assets allegedly diverted from the stablecoin’s reserves by a Hong Kong-based trust, locking down funds at the center of a crisis that prompted a bailout by Tron founder Justin Sun.
The path is clear for regulated investment funds to capture yield from assets like Ether, resolving a major compliance and taxation roadblock.
Florida Attorney General James Uthmeier is investigating JPMorgan Chase for allegedly terminating banking services to…
Six arrests expose how fake dating profiles funnel millions into crypto wallets beyond borders.
Court-submitted financial records for the defunct crypto exchange Bittrex contain data points that a researcher says are statistically improbable, potentially compromising creditor recovery.
India’s strategic entry into the global stablecoin race is marked by the development of ARC, a rupee-backed stablecoin by Polygon Labs and Anq, collateralized by Government Securities and designed to integrate sovereign assets with blockchain finance.
Crypto PACs have built a $263 million political war chest, surpassing the total political spending of the oil and gas industry and demonstrating rapidly growing financial influence in U.S. politics.
The convicted founder of FTX is attempting to use the crypto bull run to challenge the FTX fraud verdict, arguing the defunct exchange was never insolvent.
In a calculated legal move, Kalshi is taking its battle with New York regulators to federal court, aiming to set a national precedent on whether CFTC oversight preempts state gambling laws.
The Central Asian nation has launched a national stablecoin and prepared its CBDC for deployment, positioning itself as a template for state-level crypto adoption with deep infrastructure support from the world’s largest exchange.
The decision follows a reported $2 billion investment into Binance linked to a Trump-affiliated stablecoin, fueling sharp criticism from lawmakers and policy experts.
A sweeping class-action lawsuit accuses Solana’s Meteora and Kelsier Ventures of orchestrating a $100 million…
A cross-border sting has broken apart a sprawling SIMCARTEL that powered fake identities, market manipulation,…
A potential presidential pardon for Changpeng Zhao, the former Binance CEO, is reportedly under consideration in the White House.
A record crypto liquidation, estimated at over $30 billion, brought major centralized exchanges to their knees, triggering widespread outages, trapping traders, and fueling intense scrutiny over alleged market manipulation.
A shock tariff from the White House just vaporized over $19 billion in crypto, revealing both market fragility and suspicious trading patterns at an unprecedented scale.
After turning a $300 million Bitcoin gamble into more than $700 million, President Nayib Bukele is cashing in. El Salvador has quietly bought $50 million in gold—locking in a chunk of its crypto gains and signaling the shift from high-risk experiment to profit-protection strategy.
World Liberty Financial froze Justin Sun’s $100M+ in tokens, proving it has a hidden kill-switch. The feud exposes a brutal truth: investors aren’t in control.
Japan is rewriting its digital currency playbook. The Financial Services Agency is preparing to approve…
Thailand is making a high-stakes wager: that crypto can rescue its flagging tourism economy. Starting…
The war is over. After nearly five years of courtroom trench warfare that helped define…
President Trump has cracked open America’s retirement vault, ordering regulators to clear a path for…
Something big is shifting beneath the surface of U.S. finance, and the old guard is starting to flinch.
Hong Kong to serve as a testbed for digital renminbi tokens, as Beijing balances ambition with fear.
Trump’s tariff war is back—and it’s tearing through the $3.7 trillion crypto market. Broad new…
Coinbase is now two companies in one. On one side: a retail exchange still tethered…
The new federal stablecoin legislation transforms the assets into a core fiscal instrument, channeling private capital into the U.S. debt market as part of a renewed dollar dominance strategy.