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US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts

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A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer.

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Coin Market

Ethena’s ENA token rallies on USDe integration by Deribit

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According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.

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Coin Market

Gary Gensler is leaving the SEC, but replacement will face scrutiny

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Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.

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Coin Market

Bitcoin unfazed by $2.6B options expiry, maintains rally toward $100K

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The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don’t expect significant downside.

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