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U.S. Senate advances GENIUS Act in major step toward stablecoin regulation
Posted inCryptocurrency

U.S. Senate advances GENIUS Act in major step toward stablecoin regulation

The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results…
Posted by bitunikey@gmail.com May 20, 2025
Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released?
Posted inCryptocurrency

Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released?

Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6%…
Posted by bitunikey@gmail.com May 20, 2025
SEC delays decision on Solana ETF applications citing market manipulation concerns
Posted inCryptocurrency

SEC delays decision on Solana ETF applications citing market manipulation concerns

The U.S. Securities and Exchange Commission has delayed its decision on four proposed Solana exchange-traded funds, including filings from Bitwise, 21Shares, VanEck, and Canary.  The announcement, shared on a May…
Posted by bitunikey@gmail.com May 20, 2025
Genesis targets parent company DCG in dual lawsuits for over $1B in disputed transfers
Posted inCryptocurrency

Genesis targets parent company DCG in dual lawsuits for over $1B in disputed transfers

Crypto lender Genesis Global Capital has filed two lawsuits against its parent company, Digital Currency Group, and CEO Barry Silbert, seeking to recover over $1 billion in allegedly improper transfers…
Posted by bitunikey@gmail.com May 20, 2025

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