BlockPress

BlockPress

US Senate passes GENIUS stablecoin bill in 68-30 vote

The recent legislative session concluded with the passage of a significant bill, notably without any amendments addressing the concerns surrounding Donald Trump’s ties to World Liberty Financial’s stablecoin. This omission marks a significant development, particularly given the considerable pressure from…

Coinbase seeks SEC approval for ‘tokenized equities’ — Report

Coinbase’s potential foray into the stock trading market, pending US regulatory approval, marks a significant development with substantial implications for the financial technology landscape. This move represents a strategic expansion for Coinbase, shifting its focus beyond its established cryptocurrency exchange…

Cycles eyes sustainable crypto credit after 2022 liquidity crisis

The 2022 cryptocurrency market downturn highlighted a critical interconnectedness between liquidity and solvency, mirroring similar dynamics observed in traditional finance (TradFi). This observation, made by Ethan Buckman of Cycles, underscores a fundamental principle often overlooked amidst the volatility of the…