The U.S. dollar fell to multi-week lows due to expectations of Federal Reserve rate cuts, while Bitcoin surged past $124,000 driven by institutional investments and regulatory support. Global currencies like the British pound, euro, and Australian dollar also strengthened against the dollar amid mixed economic data and policy signals.
Expert Fabian Dori shares insights on the impact of the GENIUS Act on stablecoins, institutional adoption, and global crypto regulations. Discover how these changes could shape the crypto landscape and the opportunities platforms like Bitlet.app offer through innovative payment options like crypto installments.
The ECB warns about U.S. dollar-backed stablecoins dominating the eurozone and promotes euro-based alternatives. Meanwhile, PayPal launches global crypto payments, Ethereum marks 10 years with strong gains, and BNB hits a new all-time high. Discover more trends and insights in crypto today.
The U.S. Senate has introduced a streamlined version of its crypto market structure legislation, contrasting with the House's more comprehensive CLARITY bill. Both bills agree that major digital assets like Bitcoin and Ether may not be securities, but their differing approaches indicate ongoing debates in crypto regulation. The eventual reconciliation will significantly influence the future U.S. regulatory landscape for cryptocurrencies.
The GENIUS Act, the first U.S. blockchain regulation law, provides legal clarity for dollar-backed stablecoins, promising wider adoption and benefits such as higher savings yields and faster business payments. While new risks emerge, major corporations are exploring stablecoin uses. Alongside related legislation and market trends, the crypto landscape is evolving significantly. Platforms like Bitlet.app offer innovative options like Crypto Installment services to capitalize on these changes.
On July 17, 2025, the U.S. House of Representatives approved the GENIUS Act, a significant step toward regulating U.S.-dollar-pegged stablecoins. Expected to be signed into law, the Act expands the CFTC's oversight of crypto markets, marking a new era in crypto regulation.
JPMorgan Chase is planning to offer loans backed by cryptocurrencies like Bitcoin and Ethereum possibly by 2026, joining other major banks embracing digital assets. This move reflects growing adoption of crypto-friendly financial products supported by evolving regulations.
The U.S. House of Representatives has passed the GENIUS Act, paving the way for stronger regulation of U.S.-dollar-pegged stablecoins. This move is expected to enhance transparency and institutional trust in digital assets, signaling a positive outlook for the crypto industry.
The U.S. House of Representatives passed the GENIUS Act to regulate U.S.-dollar-pegged stablecoins, expanding the Commodity Futures Trading Commission's authority. This landmark legislation is expected to boost transparency, institutional adoption, and trust in digital assets, marking a major step forward for crypto regulation in the U.S.
Russia's Sberbank plans to offer custody services for cryptocurrency assets, aligning with the country's softened stance on crypto and aiming to boost digital asset security and development.