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U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model

The U.S. regulator's recent proposal, known as GENIUS, has raised concerns within the crypto sector, particularly regarding the stability of stablecoins. The initiative aims to impose stricter regulations on stablecoin issuers, potentially affecting their operational models and liquidity requirements. Critics argue that these regulations could stifle innovation and limit the growth of the stablecoin market. The proposal has sparked debate about the balance between consumer protection and fostering a thriving crypto ecosystem. As the regulatory landscape evolves, the future of stablecoins remains uncertain.

Read the full article: CoinDesk

Hyperliquid's Token Rises as Weekend Iran Shock Finds Few Open Markets

Hyperliquid's token has seen a significant rise amid a weekend shock in Iran's financial markets, which faced limited trading opportunities. The Iranian government's recent actions have led to a scarcity of open markets, prompting investors to seek alternatives in the crypto space. As a

Riot Platforms, Core Scientific earnings, U.S. jobs report: Crypto Week Ahead

Riot Platforms and Core Scientific are set to report their earnings this week, which will be closely monitored by investors in the crypto sector. Additionally, the U.S. jobs report is expected to influence market sentiment, as employment data can impact economic conditions and cryptocurrency prices. Analysts are particularly interested

Finance Minister Pledges Reform After Crypto Handling Failure in Korea

South Korea's Finance Minister has committed to implementing reforms following the government's inadequate response to the recent cryptocurrency market turmoil. The minister acknowledged the need for improved regulatory frameworks to better manage digital assets and protect investors. This comes after significant losses were reported by investors

Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain

Hong Kong has partnered with Shanghai trade authorities to implement a blockchain system for cargo data management. This initiative aims to enhance the efficiency and transparency of cross-border trade between the two regions. By utilizing blockchain technology, stakeholders will have real-time access to cargo information, reducing delays and improving logistics.

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Hyperliquid's Token Rises as Weekend Iran Shock Finds Few Open Markets

Riot Platforms, Core Scientific earnings, U.S. jobs report: Crypto Week Ahead

Finance Minister Pledges Reform After Crypto Handling Failure in Korea

Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain