Bank of England chief says global stablecoin rules will ‘wrestle’ with US

Global regulators will have to confront US policy on dollar-backed stablecoins as they seek international standards for payment tokens, Andrew Bailey said.

Global regulators will have to confront US policy on dollar-backed stablecoins as they seek international standards for payment tokens, Andrew Bailey said.

The Justice Department said two men were sentenced for hosting laptops used by North Korean IT workers, bringing the total to eight sentences in five months.

Coinbase financial chief Alesia Haas said “macro conditions were genuinely tough,” while CEO Brian Armstrong highlighted a plan to diversify beyond spot trading.

Donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity.

Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.

Andreessen Horowitz’s crypto investment arm said its new fund would seek to back projects that “people keep using when the hype fades.”

A class-action group has accused rapper Iggy Azalea of not following through on delivering utility and business integrations for her memecoin, Mother Iggy.

Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf," and services will need to adapt for that world.

The CFTC received more than 1,500 responses to its prediction market rulemaking proposal, with respondents divided on how it should police the platforms.