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US Fed warns foreign CBDCs and stablecoins could lead to ‘erosion of dollar’s role’

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According to the Fed, a large, stable foreign CBDC is unlikely to affect the dollar’s utility as a value storage mechanism but its use as a medium of exchange could be dampened.

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Crypto payments firm MoonPay mulls $150M Helio acquisition: Report

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MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm’s merchant service offerings.

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Aave mulls Chainlink integration to return MEV fees to users

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The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink’s new oracle service.

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IRS doubles down on crypto staking taxes — Report

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The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.

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