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American Bankers Association Warns White House Is Underestimating Stablecoin Yield Risks to Lending and Deposit Stability

Yield-bearing stablecoins are intensifying pressure on traditional banking by raising concerns over deposit outflows and lending capacity, as policymakers and industry groups clash over how to balance financial stability with…

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White House Study Finds Stablecoin Yield Ban Barely Moves Lending Needle Despite Policy Focus

White House analysis shows stablecoin yield restrictions deliver minimal lending gains, with banking liquidity largely preserved through reserve recycling, challenging core policy assumptions behind proposed legislation. Key Takeaways: White House…

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UFC Freedom 250 at the White House: Crypto.com Puts up $1 Million CRO Bonus Pool for Fighters

UFC and Crypto.com announced this week that the cryptocurrency platform will co-present UFC Freedom 250, a historic mixed martial arts card scheduled for June 14 on the grounds of the…

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Polymarket Odds: Trump Seizes Big Lead Over Harris in White House Race

According to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m.…

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Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the…

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US Lawmaker Hosts Meeting to Help Kamala Harris Gain Crypto Industry Support

U.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in…

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Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address

Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to…

Continue ReadingSpeculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address

White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto

The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure…

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