After facing initial Democratic resistance due to concerns about the Trump family’s involvement in the cryptocurrency industry, the Senate has now moved forward with a bill aimed at regulating stablecoins. This legislation, known as the GENIUS Act, seeks to establish a regulatory structure for stablecoins, which are cryptocurrencies whose value is linked to assets like […]
May 12, 2025 — Coinbase, one of the largest cryptocurrency exchanges in the U.S., is officially being added to the S&P 500 index, replacing Discover Financial Services, which is currently in the process of being acquired by Capital One. The update will take effect before the market opens on May 19. News of Coinbase’s inclusion […]