A growing coalition of U.S. banks is panic-stricken. They are currently urging lawmakers to rewrite the GENIUS Act, specifically targeting the reward structures offered by non-bank stablecoin issuers. They see the ability for crypto platforms to offer yield on digital dollars as a “loophole” that threatens to siphon deposits away from the traditional banking system. […]
Source link
Strategy Swings From $14B Profit to $8.2B Loss as Saylor Sells
Key TakeawaysStrategy now holds 843,775 BTC, up 11% at the end of Q2, per its latest earnings report.The firm sold...
