GENIUS Act Passed: The U.S. House passed the GENIUS Act with a vote of 308-122, marking a historic moment for crypto regulation.
Regulatory Framework: The act establishes a clear regulatory framework for stablecoins, requiring 1:1 backing with US dollars or low-risk assets.
Bipartisan Support: Received strong support from both parties, with 102 Democrats and 206 Republicans voting in favor.
Consumer Protection: Includes stringent requ…
Ethereum’s price surged past $3,300, reaching an intraday peak of $3,371 on July 16, 2025, with a 7% daily gain.
U.S. spot ETH ETFs recorded a record-high net inflow of $717 million on July 16, 2025, with monthly inflows crossing $2.27 billion.
On-chain activity surged, with over 152 million non-empty wallets and increased gas fees, signaling strong network adoption.
On July 16, 2025, Ethereum (ETH) experienced a remarkable price…
Grayscale Investments confidentially filed an S-1 registration with the SEC for a potential U.S. IPO, signaling a public listing by late 2025.
The move aligns with Bitcoin’s record highs above $120,000 and growing institutional interest in crypto.
The IPO aims to bridge crypto and traditional finance, following Circle and Gemini’s public market pursuits.
Grayscale Investments, a leading crypto asset manager, has confidentially submit…
Circle has applied to establish the first U.S. digital currency bank, named First National Digital Currency Bank, N.A., focusing on managing USDC reserves and providing digital asset custody.
The application, filed on June 30, 2025, with the Office of the Comptroller of the Currency (OCC), aims to enhance regulatory oversight and align with the GENIUS Act.
If approved, this could strengthen the stablecoin market, though the outcome and t…
The U.S. House of Representatives begins “Crypto Week” (July 14–18, 2025) to vote on the Digital Asset Market Clarity Act, GENIUS Act, and Anti-CBDC Surveillance State Act.
These bills aim to clarify digital asset regulations, regulate stablecoins, and block a U.S. CBDC, potentially boosting institutional adoption.
Outcomes could position the U.S. as a global crypto hub, with votes expected by July 18.
The U.S. House of Repre…
