‘We are Running Out of Time’: U.S. House Democrat Urges Stablecoin Bill Compromise
Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a “grand bargain” to finish a stablecoin bill this year.
Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a “grand bargain” to finish a stablecoin bill this year.
Senior campaign officials are meeting with a select group of crypto insiders to hash out policy concerns, but those in the discussions aren’t expecting a big splash before the vote.
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points. Bitcoin’s market cap rose only 4.4%.
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.
The agency appealed a lower court’s decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.
“We find ourselves in a really unique place” and aim to be “one of the largest web three technology companies,” OKX CMO Haider Rafique told CoinDesk in an interview.
The first banks will be connected this year, with a phased roll out for selected retail customers.
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.
Rep. Patrick McHenry and Sen. Cynthia Lummis said they’re still shooting for crypto legislative action in the “lame duck” session after the November elections.