TheSpuzz Desk

US stablecoin bill loses democrats amid Trump corruption concerns

US stablecoin bill loses democrats amid Trump corruption concerns

Source: Coin Tegraph Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI). In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical committee reading with the support of several pro-crypto Democrats. Democratic…

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21Shares launches ETP for Crypto.com’s Cronos token

21Shares launches ETP for Crypto.com’s Cronos token

Source: Coin Tegraph 21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said.  The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement.  Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange. …

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Tether adds Chainalysis tokenization platform for compliance, monitoring

Tether adds Chainalysis tokenization platform for compliance, monitoring

Source: Coin Tegraph Tether, the issuer of the world’s largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the company’s compliance and monitoring tools onto Tether’s tokenization platform. The move comes amid expanding oversight across the crypto industry. Launched in November 2024, the Hadron by Tether platform is…

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