US House crypto tax package omits mining, staking reward deferral
The 114page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing rewardtax timing unchanged. Source：Cointelegraph
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
Banking groups also said the GOP’s final text leaves stablecoin reward loopholes, while tribal gaming interests warn that its prediction market provisions…
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Fragmented regulations limit stablecoin adoption in international finance: WTO head
Stablecoins may reduce trade finance friction, fragmented regulatory regimes limit their adoption to just 3% of global payments, according to the World Trade…
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform.…
UK House of Lords backs mandatory digital asset strategy over Labour position
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial…
MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchainbased payments. Source：Cointelegraph
MoneyGram unveils stablecoin-backed card as digital dollars move into everyday spending
The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoinbacked balance. Source：CoinDesk
Coinbase, Moov to provide stablecoin infrastructure for US community banks
The partnership will provide stablecoin acceptance, settlement and realtime funding capabilities to over 1,000 community banks and credit unions.…
U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. Source：Cointelegraph
PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source：CoinDesk