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US House stablecoin hearing focuses on competing bills for regulation

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The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.

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Coin Market

CFTC files to dismiss CME lawsuit over crypto perpetual futures

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The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.

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Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network

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Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.

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Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

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Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

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