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Senator Richard Blumenthal, ranking Democrat on the Senate Permanent Subcommittee on Investigations, has launched a probe into Tether payments to Nxum Group.
Crypto
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HSBC has launched RedCoin (RCHKD), its first Hong Kong-dollar stablecoin, enabling transfers and merchant payments through its PayMe app.- Published on
U.S.-listed spot bitcoin ETFs pulled in $1.08 billion over three days this week, SoSoValue data show, signaling renewed but tentative institutional demand.- Published on
Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to an alleged 40 billion yuan fraud, about $5.7 billion.- Published on
The American Bankers Association on Wednesday criticized the Office of the Comptroller of the Currency’s final GENIUS Act rules, saying stablecoin yield provisions undermine Congress’s intent.