Sui Stablecoin Transfers Hit $65 Billion After Gasless Fee Push

Illinois Governor Pritzker signed a 0.2% digital asset tax targeting crypto exchanges, transfers, and custody, with no equivalent for stocks. Illinois Governor J.B. Pritzker has signed Article 3 of SB 3019, the Digital Asset Privilege Tax Act, into law.  The legislation imposes a 0.2% tax on digital asset exchange, transfer, and custody activities.  Illinois residents […] The post This Illinois Bitcoin Tax Law Could Cost Crypto Holders More appeared first on Live Bitcoin News.

The partnership could revolutionize cross-border payments, enhancing speed and reducing costs, but regulatory risks in China and India remain. The post Credible Finance partners with OwlTing to power stablecoin-based payments between China and India appeared first on Crypto Briefing.

Senators press Treasury to keep state regulators in the GENIUS Act stablecoin process as final rulemaking moves ahead after comments closed.

Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple’s dollar-backed stablecoin with Flutterwave’s $3.2 billion payments platform, targeting faster settlement, remittances, and commercial payment flows. Ripple Brings Its Dollar Stablecoin Into Flutterwave’s Payment Network Ripple is betting that stablecoins can become a bigger part […]

Wintermute’s weekly market outlook says bitcoin’s rebound was supported by an in-line U.S. inflation print and easing geopolitical stress. Still, the firm warned that a lasting crypto bottom remains unconfirmed without a clear return of ETF, stablecoin, and digital asset treasury inflows. Wintermute Sees No Confirmed Bottom Despite Bitcoin Rebound Bitcoin found some relief this […]

Russia's increased fossil fuel revenues and stablecoin use highlight the challenges of enforcing sanctions and the potential for regulatory shifts. The post Russia’s fossil fuel export revenues rise to €726M per day in May as crypto stablecoin quietly powers sanctions evasion appeared first on Crypto Briefing.

Securitize's STAC fund is expanding to Solana while Ethena evaluates a proposed $250 million allocation for stablecoin backing.

World Liberty Financial's USD1 stablecoin has been used in a UFC bonus pool, creating a high-profile stablecoin marketing moment.