Bank of England Governor Andrew Bailey has warned that international regulators could face a difficult confrontation with the United States over how stablecoins should be governed across global payment systems. According to Reuters, Bailey said at a conference on Friday…
A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […]
The post Nvidia Stock Explodes Despite Rumors Jensen Huang Is Cut From Trump’s China Trip appeared on BitcoinEthereumNews.com.
Nvidia (NVDA) shares advanced on Monday even after a “source familiar” report indicated chief executive Jensen Huang will not travel to Beijing with President Donald Trump for this week’s summit with Chinese leader Xi Jinping. Earlier Reuters reporting named Nvidia among roughly a dozen companies invited to a trimmed CEO delegation. Trump arrives in Beijing on May 13, with formal state meetings scheduled for May 14 and May 15. Why the Stock Shrugged Off the News As of this writing, Nvidia’s NVDA stock was trading for $222.16, up nearly 5% on news that CEO Jensen Huang may not accompany Trump to China. Nvidia (NVDA) Stock Performance. Source: TradingView Wall Street has read the exclusion as background noise rather than a negative catalyst. Huang told investors that Nvidia’s market share for advanced AI accelerators inside China has collapsed to roughly zero und
BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. BNY plants a digital asset flag in ADGM BNY has announced the launch of institutional digital…
Polymarket traders price a 75% chance for the CLARITY Act becoming law in 2026. The probability dropped to 40% in January, peaked at 82% in February, fell to 43% in late April, then rose to the mid-70s. A Senate stablecoin yield deal caused the recent jump, banning bank-like rewards but allowing platform incentives. Polymarket traders […]
The post CLARITY Act Gains Momentum as Polymarket Odds Hit 75% appeared first on Live Bitcoin News.
Peter Thiel-backed Augustus has won conditional OCC approval for a US bank charter focused on AI-driven payments and stablecoin settlement infrastructure.
The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared on BitcoinEthereumNews.com.
Circle Internet Group, the publicly listed issuer of the USDC stablecoin, pulled in $222 million through a presale of the native token for its new Arc blockchain, giving the network a fully diluted valuation of $3 billion, CNBC reported Monday. Andreessen Horowitz led the round with a $75 million commitment. Other participants include BlackRock, Apollo Funds, Intercontinental Exchange, the owner of the New York Stock Exchange, Standard Chartered Ventures, Janus Henderson, ARK Invest, and about half a dozen more. Circle is the first publicly listed company to conduct a token presale, an early sale of digital tokens before a blockchain goes live. CEO Jeremy Allaire said Arc represents Circle’s push beyond stablecoins into blockchain infrastructure and internet-scale financial software. What Arc is and how it works Arc Network is designed specifically for stabl
Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside […]