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Author: Zoe Mende

U.S. Senate Passes GENIUS Act to Regulate Stablecoins

U.S. Senate Passes GENIUS Act to Regulate Stablecoins

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In a landmark move for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act (S.1582) on June 17, 2025, with a decisive 68-30 vote, establishing the first comprehensive federal framework to regulate stablecoins—digital currencies like Tether (USDT) and USD Coin (USDC) designed to maintain a stable value, typically pegged to the U.S. dollar. The legislation, which cleared a procedural hurdle on June 11 with a 68-30 vote, aims to...

$USDC, $USDT, Crypto regulation, Front page, News, Stablecoins

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Tron Crypto Goes Public on Nasdaq

Tron Goes Public in U.S. via $210M Reverse Merger with Nasdaq-Listed SRM

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Reverse Merger Announced: Tron will go public in the U.S. through a reverse merger with SRM Entertainment, rebranding as Tron Inc. Financial Details: The deal includes a $100M equity investment, potentially rising to $210M with warrants, to buy TRX tokens for a crypto treasury. Market Impact: TRX surged 2–10% to $0.287–$0.29, with SRM’s stock soaring 533.79% on June 16, 2025. Key Players: Justin Sun will advise Tron Inc., with...

Cryptocurrencies, Eric Trump, Front page, Tron

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World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

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World Liberty Financial has officially launched the $USD1 stablecoin. The new coin is built on the TRON blockchain, known for low fees and fast settlements. $USD1 is fully backed 1:1 by U.S. dollars, held in regulated U.S. bank accounts. Aims to provide a stable digital dollar for global remittances, payments, and trading. Part of a trend of rising stablecoin adoption, especially in emerging markets. World Liberty...

Front page, News, Stablecoins, World Liberty Financial

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Crypto ATM Scams Surge in Australia

Crypto ATM Scams Surge in Australia

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New Regulations: AUSTRAC imposes $5,000 transaction limits, enhanced customer due diligence, and mandatory scam warnings on crypto ATMs. Harro’s Empires Sanctioned: The small South Australian crypto ATM operator had its registration revoked for non-compliance. Scam Statistics: Australians lost $3 million to crypto ATM scams in the past year, with 72% of victims aged over 50. Common Scams: Romance, investment, and extortion scams...

Crypto ATM, Cryptocurrencies, Front page, News

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SEC Drops Binance Lawsuit and Greenlights Staking Networks

SEC Drops Binance Lawsuit and Greenlights Staking Networks

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The U.S. Securities and Exchange Commission (SEC) voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, on May 29, 2025, marking a shift in regulatory approach. The SEC reportedly clarified that certain staking activities on proof-of-stake networks do not constitute securities transactions, reducing uncertainty for projects like Ethereum and Solana. These moves signal a potential thaw...

Binance, Front page, News, Staking

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