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Exclusive / White House makes closing argument on crypto bill
The White House issues a closing argument on a crypto bill as the Senate prepares to vote on the CLARITY Act.
Stablecoins
13 trends tracked about this subject — the full history, oldest to newest below.
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Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027
Major global financial institutions, including Goldman Sachs and BofA, are partnering to launch a joint dollar-backed stablecoin in 2027.
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Stablecoins not a credible means of payment at scale, BIS chief says
The head of the Bank for International Settlements (BIS) claims stablecoins are not a credible means of payment at scale, sparking a debate with Tether.
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Business
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Bitcoin surged 25% from $64,000 to $78,500 after a Treasury tweak. Here’s why
Bitcoin surged 25% from $64,000 to $78,500 following a Treasury tweak, triggering a massive rally and a squeeze of market bears.
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Treasury Secretary Bessent takes major step to cement U.S. dollar's global dominance
7 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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The CEO Trying to Fix PayPal Has a New Option: Sell It for Billions
PayPal's current leadership faces a pivotal crossroads as the company considers a multi-billion dollar sale amid shifting payment landscapes.
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Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants
Visa launches an enterprise stablecoin platform to provide digital dollar services across a massive global merchant network.
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The UK has finally shown it’s serious about crypto
The United Kingdom is accelerating its strategy to become a global crypto hub through the introduction of a new stablecoin framework.
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Circle Receives Approval to Launch Crypto-Focused Bank
Circle has secured regulatory approval to operate a crypto-focused national trust bank in the United States.
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Circle Internet stock falls on new stablecoin venture report
Circle Internet stock declines as major industry players including BlackRock, Google, and Stripe align behind a new competing stablecoin network.
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BIS says stablecoins fall short as money, warns of emerging-market risks in annual report
The Bank for International Settlements has issued a critical assessment of stablecoins, questioning their function as money in its latest annual report.
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Federal Regulators Want Stablecoins to Keep Working Without ID Checks
3 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
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Business
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Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
U.S. financial regulators have proposed new customer identification requirements for certain payment stablecoin issuers under the GENIUS Act.