Coinbase CLO Says Clarity Act Stablecoin Yield Deal ‘Very Close’ as Senate Pushes for April Vote

Coinbase Chief Legal Officer Paul Grewal said lawmakers are “very close to a deal” on stablecoin yield provisions in the Clarity Act, the long-awaited crypto market structure bill that has stalled over banking sector concerns about deposit outflows to crypto platforms. Speaking on Fox Business, Grewal expressed confidence that negotiators would bridge the divide on…

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Stablecoin Regulatory Uncertainty Could Put Banks at Disadvantage, Butler Warns

Regulatory uncertainty surrounding stablecoins may disadvantage traditional banks more than crypto firms, as financial institutions wait for clearer rules while crypto companies continue expanding their operations. Colin Butler, executive vice president of capital markets at Mega Matrix, said banks have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while…

Butler Warns Stablecoin Regulatory Uncertainty Could Put Banks at Disadvantage, Expert WarnsStablecoin Regulatory Uncertainty Could Put Banks at Disadvantage

Meta and Stripe’s Stablecoin Push Shows the Real Crypto Revolution Isn’t About Tokens

Meta and Stripe’s Stablecoin Push Shows the Real Crypto Revolution Isn’t About Tokens Meta is quietly preparing to integrate stablecoins across Facebook, WhatsApp, and Instagram—and it could reshape how billions of people move money online. The social media giant has sent requests for proposals to crypto infrastructure firms and is targeting a launch in the…

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JPMorgan CFO warns stablecoin yield creates ‘parallel banking system’ without regulations

JPMorgan CFO warns stablecoin yield creates ‘parallel banking system’ without regulations JPMorgan’s chief financial officer Jeremy Barnum has warned that stablecoin yield offerings are creating a parallel banking ecosystem that lacks the regulatory safeguards developed over centuries of traditional banking oversight. Barnum made the comments Tuesday during JPMorgan’s fourth-quarter earnings call in response to an…

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Mainland China Firms Reportedly Retreat from Hong Kong Stablecoin Licensing After Policy Shift

Hong Kong’s ambitious push to become a global Web3 hub just hit a significant snag. A bombshell report from local news outlet Caixin on Thursday reveals that mainland Chinese firms operating in the Special Administrative Region are reportedly facing imminent restrictions on their cryptocurrency and stablecoin activities. This development is already forcing major players, including…

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