US Dollar's Global Role Challenged by Surge in Regulated Stablecoins

US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins

US Dollar’s Global Role Under Scrutiny A significant shift in global financial dynamics could be on the horizon, potentially triggered by the U.S. push to regulate dollar-backed stablecoins. This initiative is sparking fears of widespread monetary destabilization. Amundi, Europe’s largest asset manager with over €2 trillion ($2.36 trillion) in assets under management, raised concerns on…

US House Declares 'Crypto Week' to Advance Landmark Digital Asset Bills

US House Declares ‘Crypto Week’ to Advance Landmark Digital Asset Bills

US House Designates “Crypto Week” The U.S. House of Representatives has officially designated the week starting July 14 as “Crypto Week,” signaling a concentrated legislative push for digital assets. During this period, lawmakers will actively consider three landmark bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. This comprehensive initiative…