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Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says

The latest text of the Clarity Act indicates that stablecoin issuers will not be permitted to offer rewards or yields on customer balances. This decision aims to provide clearer regulatory guidelines for stablecoins, distinguishing them from traditional financial products that can offer interest. The Act seeks to enhance consumer protection and ensure the stability of the stablecoin market. Critics argue that this restriction could limit the attractiveness of stablecoins compared to other investment options. The legislation is part of ongoing efforts to regulate the rapidly evolving cryptocurrency landscape.

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US sentences ‘laptop farmers’ tied to North Korean IT worker scheme

A U.S. court has sentenced two individuals involved in a scheme that exploited North Korean IT workers to generate cryptocurrency. The defendants, known as "laptop farmers," facilitated the remote work of North Korean programmers, allowing them to earn foreign currency for the regime. They were found guilty

Zcash gains 70% in a week amid growing interest in crypto privacy

Zcash has experienced a significant surge, gaining 70% in value over the past week, driven by increasing interest in cryptocurrency privacy solutions. The rise in Zcash's price is attributed to heightened concerns about data security and the demand for anonymous transactions in the crypto space. Analysts suggest that

CLARITY Act support carries electoral boost, HarrisX poll finds

A recent HarrisX poll indicates that support for the CLARITY Act, which aims to provide regulatory clarity for the cryptocurrency industry, could positively influence electoral outcomes for candidates. The poll reveals that 71% of respondents favor the act, with significant backing from both Republican and Democratic voters. Additionally, 62% of

Zcash to roll out quantum-recoverable wallets within a month, go quantum-proof by 2027

Zcash is set to introduce quantum-recoverable wallets within the next month, enhancing its security against potential quantum computing threats. The initiative is part of a broader plan to transition the cryptocurrency to a quantum-proof infrastructure by 2027. This move aims to safeguard user assets from future vulnerabilities posed by advancements

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US sentences ‘laptop farmers’ tied to North Korean IT worker scheme

Zcash gains 70% in a week amid growing interest in crypto privacy

CLARITY Act support carries electoral boost, HarrisX poll finds

Zcash to roll out quantum-recoverable wallets within a month, go quantum-proof by 2027