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blockonomi.com Government Shutdown Expected to End This Week Says White House Adviser

TLDR Kevin Hassett expects the US government shutdown to conclude this week after running for 20 days The shutdown has frozen crypto ETF applications for Litecoin, XRP, and Solana at the Securities and Exchange Commission Democratic lawmakers will meet crypto industry leaders from Coinbase, Circle, and Ripple on Wednesday Funding disputes center on Republican demands [...] The post Government Shutdown Expected to End This Week Says White House Adviser appeared first on Blockonomi.

blockonomi.com Kadena Ceases Operations, Token Drops Over 47% Amid Market Shock

TLDR The company behind the Kadena blockchain has announced that it will immediately shut down all business operations. Following the announcement, the Kadena Token dropped by more than 47% in value within hours. The company stated that it can no longer continue due to unfavorable market conditions that are impacting its operations. The Kadena blockchain [...] The post Kadena Ceases Operations, Token Drops Over 47% Amid Market Shock appeared first on Blockonomi.

blockonomi.com Tether Backs Kotani Pay to Expand Crypto Access Across Africa

TLDR: Tether invests in Kotani Pay to enable seamless crypto and cross-border payments across Africa. Sub-Saharan on-chain crypto transactions reached $205B, rising 52% from July 2024 to June 2025. Kotani Pay bridges African users to global financial networks using blockchain technology. Tether and Kotani Pay aim to reduce transaction costs and improve access to digital [...] The post Tether Backs Kotani Pay to Expand Crypto Access Across Africa appeared first on Blockonomi.

news.bitcoin.com Argentina and US Treasury Ink $20 Billion Swap Line as Trump Warns the Latam Country Is ‘Dying’

The central bank says the agreement would contribute to Argentina’s macroeconomic stability, preserving “price stability and promoting sustainable economic growth.” Nonetheless, the deal’s fine print and the U.S. Treasury’s terms have remained under wraps. Argentina Signs $20B Exchange Rate Stabilization Agreement Before Elections The Facts: The Central Bank of Argentina (BCRA) finally inked a $20 […]

blockonomi.com Elizabeth Warren Urges Treasury to Address GENIUS Act Weaknesses

TLDR Elizabeth Warren criticized the GENIUS Act for lacking strong regulatory safeguards. She urged the Treasury Department to close gaps in the law that could harm financial stability. Warren raised concerns about Trump family ties to World Liberty Financial USD. She warned that political influence could weaken public trust in stablecoin regulations. Warren cited the [...] The post Elizabeth Warren Urges Treasury to Address GENIUS Act Weaknesses appeared first on Blockonomi.