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
Trump family’s WLFI starts damage control but its new plan leaves holders who refuse the new terms locked indefinitely
Make CryptoSlate preferred on WLFI’s new unlock proposal feels like a move to contain a crisis, but the bigger issue...
