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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