The USA PotatoTrump Family Gains Another $5Billion in Crypto Profits. Critics Call It Corruption.
Crypto is now the dominant source of Trump's wealth. He aims to curb regulations against the volatile financial assets.
Yonhap Infomax NewsThe stablecoin market is projected to reach $1.2 trillion by 2028, with significant impacts on US Treasury yields and money market funding costs, according to a Coinbase report.
#YonhapInfomax #Stablecoin #Coinbase #USTreasury #GENIUSAct #MoneyMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78215
#YonhapInfomax #Stablecoin #Coinbase #USTreasury #GENIUSAct #MoneyMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78215
Blaze TrendsUS Treasury opens public comment period on illicit crypto finance under GENIUS Act.
#GENIUSAct #IllicitActivities #strategies #U.S.Treasury
https://blazetrends.com/us-treasury-opens-public-comment-period-on-illicit-crypto-finance-under-genius-act/?fsp_sid=96073
US legislative support and White House backing have propelled Bitcoin to record highs, driving a surge in crypto stocks and institutional adoption amid new stablecoin regulations.
#YonhapInfomax #Bitcoin #RobinhoodMarkets #StablecoinRegulation #InstitutionalAdoption #GENIUSAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77607
#YonhapInfomax #Bitcoin #RobinhoodMarkets #StablecoinRegulation #InstitutionalAdoption #GENIUSAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77607
KM6ECCReally interesting news from #crypto space. I know I know, many of you think you can ignore or write it off. You can't, though I WOULD organize around that the #geniusact *could* mean your banking dollars denominated in a stable coin in your bank account instead of #FDIC protected dollars. #uspol
Got your attention? Anyway in other news:
The read between the lines here is that #monero #xmr is vulnerable. I'm NOT happy to see a privacy coin vunerable to a 51% attack.
https://cointelegraph.com/news/kraken-pause-monero-deposits-after-51-attack
The US Treasury is set to auction a record $100 billion in 4-week T-bills, with issuance strategies increasingly shaped by stablecoin demand and new regulations like the Genius Act, as market participants anticipate robust absorption amid abundant liquidity.
#YonhapInfomax #USTreasury #Stablecoin #TBills #GeniusAct #AuctionSize #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76037
#YonhapInfomax #USTreasury #Stablecoin #TBills #GeniusAct #AuctionSize #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76037
[ICYMI] US Treasury to Auction $100 Billion in T-Bills—Is the Stablecoin Bet Paying Off?
The US Treasury is set to auction a record $100 billion in 4-week T-bills, with issuance strategies increasingly shaped by stablecoin demand and new regulations like the Genius Act, as market participants anticipate robust absorption amid abundant liquidity.
Toni AittoniemiSo #Trump just #privatised the #dollar.
#GENIUSact allows stablecoins to take over what you can get for it, and the control is now in the hands of big tech.
Together with CLARITY, money laundering & bribery will increasingly define the dollar’s worth, too. And when #crypto crashes the dollar will go down with it.
But the rich will be very happy about it. They will finally get their poor domestic serf class, as cheap as chinese labour.
Trump did everything he promised. That’s how it’ll look.
⚯ Michel de Cryptadamus ⚯the arrest of #JeffreyEpstein did amazing things for #stablecoins... average daily on chain volume basically permanently doubled overnight.
this isn’t conclusive but… if we were living in a world where epstein’s arrest suddenly deprived the world of a major money launderer whose customers suddenly found themselves in need of a new provider, and then the provider they chose was #Tether, this is what one would expect the chart to look like…
(also 6 days after #epstein was arrested there was a weird $5 billion issuance of new Tether #USDT tokens followed immediately by a $4.5 billion burn/redemption transaction. I assume that was a fat finger originally intended to mint only $500 million so i stripped it out of the chart… but i will at least note that someone went to issue $5 billion in stablecoins 6 days after epstein’s arrest. i can post that chart if anyone's curious)
data: https://dune.com/crypto_oracle/epstein-stablecoin-vol
#crypto #cryptocurrency #stablecoin #GENIUSAct #epstein #epsteinCoverUp #epsteinFiles
Leonardo Lenoci ✅
Trump Wants Big Tech to Own the Dollar - Project Syndicate op-ed - Yanis Varoufakis
The IMF-World Bank Spring meetings are usually placid affairs that participating central bankers wish to forget soon after they are over. Not this Spring. This April the feeling several central bankers brought back home with them was not the usual relief but something far more visceral: dread, terror even. The reason? The spectre of the […]
techiThe GENIUS Act, regulating stablecoins, faces strong criticism from Senator Elizabeth Warren, who warns it could spark a 2008-like financial crisis. She argues the bill, influenced by crypto insiders and benefiting figures like President Trump, lacks sufficient oversight and consumer protection, risking market chaos.
#GENIUSAct #CryptoCrisis #Stablecoins #FinancialRegulation #TECHi
Read Full Article Here :- https://www.techi.com/genius-act-crypto-stablecoin-crisis-warning/
