By coinspy Key Points: The U.S. is advancing stablecoin regulation through the GENIUS Act, intensifying global competition in digital finance. Citigroup is actively exploring stablecoin integration and exchange-traded digital asset products. Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy. The U.K. risks losing influence in financial […]
Tag: USDT
By Samuel Edyme The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars in transactions. According to a statement from the […]
By Marco Piccolo Key highlights: Binance and Plasma launch the USDT Locked Product with daily USDT yields and XPL token rewards. The offering reached its $250 million cap within an hour of going live. Participants will share in a 100 million XPL airdrop, representing 1% of Plasma’s total token supply. Plasma, a stablecoin-focused blockchain startup, […]