Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage
The bill establishes Florida-centric consumer protections and safeguards against money laundering
Market analysis, price movements, and trading insights
The bill establishes Florida-centric consumer protections and safeguards against money laundering
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.
Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
The Curve Finance team told PancakeSwap that it must go through the proper licensing process to collaborate and use code created by Curve.
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Senator Elizabeth Warren pointed to the SEC's recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption.
Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery.
Chicago-based BlockFills suspended client deposits and withdrawals last month citing "recent market and financial conditions."
Senate Bill 314 provides a framework for payment stablecoin issuers in the state, aligning with federal GENIUS Act standards.
UK is working to finalize its broader crypto rulebook, but firms like Coinbase are urging regulators to avoid restrictive stablecoin policies.
Nevin Shetty secretly moved $35 million in company funds to his own DeFi platform, before losing nearly all of it in the Terra collapse.
Bitcoin bounced back this week as stablecoin inflows surged, and DeFi faced fresh pressure from Aave governance strife, exploits and exchange security moves.