Meta Aims to Break Into Thriving Stablecoin Market
The tech giant is reportedly bringing on a vice president of product with cryptocurrency expertise to escalate its stablecoin initiatives.

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The tech giant is reportedly bringing on a vice president of product with cryptocurrency expertise to escalate its stablecoin initiatives.
Alex Mashinsky, the founder of Celsius Network, faces a 12-year term after being convicted of fraud. His actions contributed to the significant financial losses of many investors.
Democratic objections resulted in a failed Senate vote to advance a crucial bill aimed at regulating stablecoins, putting the regulatory process on hold.
An update on the CoinDesk 20 index highlights significant gains, particularly for Sui and Bitcoin Cash.
Bitcoin's price escalates by 33% in a matter of weeks after regressing to $75,000 following significant trade announcements by President Trump.
Senate Majority Leader John Thune advocates for advancing stablecoin legislation amid rising resistance from Democrats, who previously supported it.

Superstate is launching a platform for trading SEC-registered shares on-chain, with SOL Strategies as the first company to list its shares.
Coinbase is set to buy Deribit in a significant move into the U.S. crypto derivatives sector, including $700 million in cash and shares.
According to ING, while the Federal Reserve maintains current interest rates, potential future cuts could be more aggressive due to economic uncertainties.
Stripe reveals a new service enabling businesses to manage funds using stablecoins, marking a significant step in the cryptocurrency landscape.
A new report reveals severe fraudulent activities on the Pump.fun platform, with the vast majority of tokens launched being scams.
A developer at Sei Network suggests discontinuing support for Cosmos to streamline operations and enhance alignment with Ethereum.

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