Auto Added by WPeMatico

‘Clueless and Venal’: Economist Nouriel Roubini Blasts Trump’s Crypto Push as a Recipe for Financial Ruin

Economist Nouriel Roubini has sharply criticized the Trump administration’s second‑term embrace of digital assets, calling it a reckless experiment that undermines the U.S. financial system. Legislative ‘Time Bombs’ Renowned economist…

Continue Reading‘Clueless and Venal’: Economist Nouriel Roubini Blasts Trump’s Crypto Push as a Recipe for Financial Ruin

CFTC Expands Stablecoin Collateral Rules as National Trust Banks Gain Approval

U.S. regulators moved to legitimize stablecoins at the federal level, expanding approved uses and elevating national trust banks’ role as payment tokens gain momentum across mainstream financial infrastructure. CFTC Expands…

Continue ReadingCFTC Expands Stablecoin Collateral Rules as National Trust Banks Gain Approval

Report: China’s Central Bank Leads New Crackdown on Crypto, Stablecoins and Offshore Tokens

China has doubled down on its hardline crypto stance, issuing a fresh multi-agency directive that tightens enforcement and explicitly bans unauthorized overseas token issuance and yuan-linked stablecoins, Bloomberg reported on…

Continue ReadingReport: China’s Central Bank Leads New Crackdown on Crypto, Stablecoins and Offshore Tokens

FIDD Goes Live — Fidelity Brings Its Digital Dollar Stablecoin to Crypto Markets

On Wednesday, Fidelity Investments’ digital currency arm Fidelity Digital Assets announced it launched its first stablecoin, the Fidelity Digital Dollar (FIDD), marking the firm’s formal entry into the U.S. dollar–pegged…

Continue ReadingFIDD Goes Live — Fidelity Brings Its Digital Dollar Stablecoin to Crypto Markets

New York AG Letitia James Warns Stablecoin Law Fails to Protect Fraud Victims

New York Attorney General Letitia James and four district attorneys warned that the GENIUS Act gives stablecoin issuers legal cover to profit from fraud while failing to require the return…

Continue ReadingNew York AG Letitia James Warns Stablecoin Law Fails to Protect Fraud Victims