In a historic move, President Trump has signed the GENIUS Act, establishing a regulatory framework for stablecoins, potentially transforming how cryptocurrencies are used in everyday transactions. Supporters hail it as a major win for the crypto industry, while critics voice concerns over regulatory gaps.
Next week, Congress will focus on stablecoins during 'Crypto Week.' With major retailers like Walmart and Amazon considering their own stablecoins, the future of payments may be at a tipping point. Will the GENIUS Act pave the way for this financial revolution?
Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
Justin Sun, the controversial crypto entrepreneur, has invested $400 million in Donald Trump’s World Liberty Financial, raising eyebrows and igniting a buying frenzy. As he aims to expand his Tron platform and create a global payment system, questions about ethics and regulatory scrutiny loom large.
