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Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve

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“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors,” said the Fed report.

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Coin Market

El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M

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El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.

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Coin Market

David Sacks has 2 years to push through meaningful policies — lawyer

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Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.

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Coin Market

Blockchain Association sues IRS over crypto broker rules

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The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.

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