Login
Sign Up
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
jove
Jan 6
Follow
yes ๐ค is the best way
Quoted content has been removed
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
0
0
Report
Block User
0/280
Repost a Reply
Make the reply a new post
Reply
Replies
0
Most Relevant
Most Relevant
Most Recent
No comments yet.
Add a comment
Explore the latest crypto news
โก๏ธ Be a part of the latests discussions in crypto
๐ฌ Interact with your favorite creators
๐ Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
jove
@joveci
Follow
Explore More From Creator
#GENIUSActPass The GENIUS Act, or Guiding and Establishing National Innovation for U.S. Stablecoins Act, has passed a key vote in the U.S. Senate with 68 votes in favor and 30 against. This bill aims to establish a regulatory framework for stablecoins in the United States, providing clarity and oversight for the industry.ยน *Key Provisions of the GENIUS Act:* - *Reserve Requirements*: Stablecoins must be fully backed by U.S. dollars or comparably liquid assets. - *Disclosure Requirements*: Issuers must publicly disclose their reserve composition monthly and undergo annual audits if they have over $50 billion in market capitalization. - *Bankruptcy Protections*: The bill prioritizes claims of stablecoin holders over other creditors in the event of insolvency. - *Regulatory Oversight*: The Act establishes a framework for federal and state regulation of stablecoins, with larger issuers subject to federal oversight.ยฒ The bill's passage is seen as a significant milestone for the crypto industry, potentially paving the way for banks and tech giants to issue stablecoins and inject capital into the market. However, some Democrats, including Senator Elizabeth Warren, have expressed concerns over the bill's provisions and potential ties to President Trump's crypto ventures.ยณ *Next Steps:* - The bill will now move to the House of Representatives for further consideration. - If passed, it will provide a clear regulatory framework for stablecoins, potentially leading to increased adoption and growth in the market.
Jun 18
#MyTradingStyle My Own Trading Experience and Technical knowledge base My Own Trading Skills and Technical analysis ๐ buy zone targat Oder โ๏ธ๐๐๐โ๏ธโ๏ธโ๏ธโ๏ธ๐๐ฎ๐ฎ๐ฎ๐ฎ๐๐๐๐๐๐๐๐๐๐ฎ๐ฎ๐ฎ๐ฎ๐ฎ๐ฎ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ chosen good projects like $ADA $BNB
Jun 18
$USDC USDC, or USD Coin, is a stablecoin designed to maintain a constant value of $1 USD. It's a digital currency pegged to the US dollar, offering stability and trust in the volatile crypto landscape. Here are some key facts about USDC - *Market Capitalization*: USDC has a market cap of around $61.46 billion to $61.64 billion, making it one of the largest stablecoins in the market. - *Backing*: USDC is fully backed by US dollar-denominated assets held in regulated financial institutions, ensuring its stability and trustworthiness. - *Usage*: USDC is used for various purposes, including payments, trading, and settlement across blockchain networks. It's also used in DeFi applications and for digital asset storage. - *Blockchain Support*: USDC operates on multiple blockchain networks, including Ethereum, Solana, Arbitrum, and Base, making it a versatile and widely accepted stablecoin. - *Redeemability*: USDC is redeemable 1:1 for US dollars, providing users with a reliable digital alternative to traditional fiat currency. - *Recent Developments*: USDC was recently launched as a native asset on the XRP Ledger, enabling faster, lower-cost, and more compliant settlements for cross-border payments. The current price of USDC is around $0.9993 to $1.00, with a 24-hour trading volume of approximately $9.01 billion to $9.5 million.
Jun 18
#FOMCMeeting The Federal Open Market Committee (FOMC) recently concluded its meeting on June 17-18, 2025. Although the minutes from this specific meeting aren't available yet, here's what we know about the FOMC's recent activities ยน: - *Meeting Schedule*: The FOMC holds eight regularly scheduled meetings per year, with the next meeting set for July 29-30, 2025. - *Monetary Policy*: The FOMC's primary objective is to promote national economic goals through monetary policy, influencing the availability and cost of money and credit. - *Interest Rates*: The committee sets interest rates, which can impact employment, output, and prices of goods and services. As of May 8, 2025, the target range for the federal funds rate was set at 4-1/4 to 4-1/2 percent. - *Recent Minutes*: The minutes from the May 6-7, 2025, meeting are available, providing insights into the committee's discussions on monetary policy strategy and inflation targeting. - *Key Discussions*: During the May meeting, participants discussed the economic outlook, inflation pressures, and labor market conditions, emphasizing their commitment to achieving maximum employment and returning inflation to the 2 percent objective. Some key points from the FOMC's recent meetings include ยฒ ยณ: - *Inflation Targeting*: The committee reaffirmed its commitment to the 2 percent longer-run inflation objective and emphasized the importance of anchored inflation expectations. - *Monetary Policy Stance*: The FOMC will carefully assess incoming data, the evolving outlook, and the balance of risks when considering adjustments to the target range for the federal funds rate. - *Economic Outlook*: The committee noted that uncertainty about the economic outlook has increased, and they are attentive to the risks to both sides of their dual mandate.
Jun 17
#GENIUSActPass The GENIUS Act, or Guiding and Establishing National Innovation for U.S. Stablecoins Act, has made significant progress in the US Senate. Here's a breakdown of its current status - *Current Status*: The bill has passed a crucial cloture vote in the Senate with a bipartisan vote of 66-32, marking a key step toward establishing a regulatory framework for stablecoin issuers. - *Next Steps*: A final vote on passage is expected after Memorial Day, with the bill potentially becoming law later this year. - *Regulatory Framework*: The GENIUS Act aims to create a comprehensive regulatory framework for stablecoin issuers, addressing issues of consumer protection, financial stability, and transparency. - *Key Provisions*: - *Licensing Requirements*: Stablecoin issuers must meet specific licensing requirements to operate within the US. - *Reserve Requirements*: Issuers must maintain reserves backed by tangible, liquid assets such as US Treasury bills, cash deposits, or other highly liquid, low-risk assets. - *Consumer Protection*: The act requires issuers to provide monthly audited reports on their reserves and imposes criminal penalties for providing false information. The GENIUS Act has received bipartisan support, with Senators Bill Hagerty, Tim Scott, Cynthia Lummis, and Kirsten Gillibrand co-sponsoring the bill. Its passage could pave the way for clearer rules governing the growing crypto industry, particularly for stablecoin issuers who have long operated in regulatory uncertainty
Jun 17
Latest News
USDC Treasury Burns 60 Million Tokens on Ethereum
20m
Semler Scientific Sets Ambitious Bitcoin Reserve Goals for 2025
1h
Revolut Explores Launching Its Own Stablecoin Amid Regulatory Changes
1h
Arizona Senate Passes Bitcoin Reserve Bill HB 2324
2h
Trump Extends TikTok Sale Deadline by 90 Days
2h
View More
Suggested Creators
Binance Blog
Stay up to date with the latest stories and commentary.
Follow
Binance Risk Sniper
Stay ahead on risk warnings, risk sniping, and shared risk knowledge with the official Binance Risk team. Follow us for updates!
Follow
Richard Teng
Binance CEO | Formerly Binance Head of Regional Markets | Former CEO of Financial Services Regulatory Authority ADGM
Follow
Binance Square Official
Follow Binance Square's Official Account for the latest updates!
Follow
Binance Pay Official
Binance Pay is a contactless, borderless and secure cryptocurrency payment technology designed by Binance
Follow
View More
Sitemap
Cookie Preferences
Platform T&Cs