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blockonomi.com NYDIG Flags USD1 Reserves, Warns of Binance Ties and Legal Risks

TLDR NYDIG has raised concerns about the lack of proper reserve reporting for the USD1 stablecoin. The last reserve update for USD1 was in July while competitors like Circle report monthly. BitGo Technologies manages USD1 issuance and reserves but does not meet future regulatory standards. The GENIUS Act will bar BitGo from issuing stablecoins when [...] The post NYDIG Flags USD1 Reserves, Warns of Binance Ties and Legal Risks appeared first on Blockonomi.

bitcoinist.com Bitcoin Retail Exhausted? Small-Transfer Volume Shows Long-Term Decline

On-chain data shows the Bitcoin volume associated with retail traders is in a long-term decline, despite the fact that the BTC price has been rising. Small Bitcoin Transactions Have Been Going Down As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, small Bitcoin transactions have seen their volume follow […]

altcoinbuzz.io BoE Plans Exemptions on Stablecoin Holding Limits

According to Bloomberg, the Bank of England (BoE) is softening its stance on stablecoin holdings. The UK central bank now plans to grant exemptions to some of the limits it proposed for businesses. Governor Andrew Bailey long warned that a stablecoin could hurt our trust in money. Now, the BoE may let some firms hold […] The post BoE Plans Exemptions on Stablecoin Holding Limits appeared first on Altcoin Buzz.

bitcoinist.com SEC Brings Crypto Innovation Exemptions: $HYPER Benefits

The U.S. Securities and Exchange Commission (SEC) is working to finalize a new ‘innovation exemption’ by the end of 2025. It’s a huge change from the old way of doing things. The previous approach, which many called ‘regulation by enforcement,’ made it difficult for crypto companies to grow in the U.S., pushing much of the […]