The stablecoin bill introduced in Delaware aims to create a licensing framework for stablecoin issuers as part of the state’s first major banking code update since 1981. Two Delaware lawmakers are working to establish stablecoin regulations as part of a broader package of regulatory proposals aimed at “modernizing” the state’s financial sector. In a statement...Continue Reading

Bitmine Immersion Technologies bought another $139 million in Ether last week, bringing its ETH holdings to 4.6 million. Bitmine Immersion Technologies chairman Tom Lee has tipped an end to the “mini-crypto winter” impacting Ether, as the company bought another $139 million in ETH last week, bringing it closer to its goal of hitting 5% of...Continue Reading

Circle said no euro-denominated “e-money token,” including its EURC stablecoin, has reached the framework’s proposed market cap threshold for use in settlement. Stablecoin issuer Circle has urged the European Commission to lower the barrier for institutions to engage with crypto-asset service providers in response to its proposed Market Integration Package — a policy initiative aimed...Continue Reading

Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer’s DAO. Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with executives proposing continuation of the protocol under a leaner, more cost-effective...Continue Reading

NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company developing eye care products and is now betting big on the Sky protocol and stablecoins. Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its strategic crypto pivot. NovaBay Pharmaceuticals CEO...Continue Reading

Kalshi and Polymarket have moved to restrict insider trading on the same day lawmakers introduced a bipartisan bill to ban popular sports event contracts. Two major prediction market platforms, Kalshi and Polymarket, on Monday announced new trading guardrails to address insider trading amid mounting concerns of market manipulation on recent event contracts.  It comes the...Continue Reading

Strategy is increasingly turning to perpetual preferred stocks to fund its Bitcoin strategy, with the company adding 90,000 BTC to its balance sheet so far this year. Michael Saylor’s Strategy has announced several capital-raising programs totaling $44.1 billion to fund Bitcoin purchases, including the sale of common shares and two of its dividend-paying equity vehicles....Continue Reading

Hong Kong firm Boyaa Interactive plans to buy $70M more Bitcoin and Ether, South Korea may delay 22% crypto tax for a fourth time. Asia ExpressContinue Reading

A letter to the influencer and the CEO of his holding company expressed concerns about whether the two will allow minors to trade crypto through a recently acquired banking app. Massachusetts Senator Elizabeth Warren has raised concerns about whether YouTuber Jimmy Donaldson, better known as “MrBeast,” intends to market cryptocurrency to teenagers and young adults...Continue Reading

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce. Key takeaways: Bearish Bitcoin futures premiums and low call option odds suggest traders remain skeptical despite BTC’s brief 4% relief rally. High oil prices and cautious Fed policy continue to pressure risk assets, while Bitcoin...Continue Reading