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US agencies miss GENIUS Act deadline for final stablecoin rules

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US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.

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Coin Market

SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme

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The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction of the funds on mining operations.

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Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?

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Despite muted derivatives sentiment, Bitcoin’s decoupling and Strategy’s cash raise set the stage for a potential rally to $70,000.

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Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center

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The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.

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