Katz: Stablecoins carry risks, but regulatory frameworks can help mitigate them

President Trump Demands Action as Banks Slow Crypto Legislation

Trump accuses banks of stalling the GENIUS and CLARITY Acts due to disputes over stablecoin rewards, warning delays could harm U.S. crypto leadership. Senate debates highlight divides over traditional banking models and crypto regulation.

Iran Leans on Stablecoins As War Shakes Crypto Flows

Iran's stablecoin strategy, which garnered international attention during geopolitical unrest, highlights the currency's role in the economy. The Central Bank halted USDT-toman trading to manage currency values. Reports indicate stablecoins were involved in 84% of Iran's illicit crypto volumes in 2025, with significant ties to the Islamic Revolutionary Guard Corps (IRGC). Amid airstrikes, Iran's crypto activities plummeted, revealing vulnerabilities while regime-related transactions likely persisted. The FATF's findings emphasize the duality of stablecoins in both legitimate and illicit financial activities.

JPMorgan CEO slams the crypto industry: "Interest-bearing stablecoins" are equivalent to deposits and should be regulated like banks

In the ongoing battle over stablecoin yields sparked by the 《CLARITY Act》, the most influential leader on Wall Street, JPMorgan Chase CEO Jamie Dimon, has spoken out, emphasizing that the banking industry is actively seeking to have "a fair playing field" with cryptocurrency companies. He also issued a stern warning: any stablecoin offering interest-like returns to users should be treated the same as bank deposits and subject to the same rigorous regulatory framework. On Monday, Jamie Dimon told CNBC that if crypto companies want to pay "interest-like" rewards to stablecoin holders, they should be regulated just like banks. He said: "The banking industry’s position is very clear: what we call 'rewards' are essentially 'interest.' If you hold customer funds and pay interest, you are in the banking business. In essence,"

Governor Signs Bitcoin Rights Act – Indiana Teachers & Workers Now Stack Sats!

Indiana's House Bill 1042 enhances user rights for cryptocurrency by preventing discriminatory taxes and allowing self-custody of digital assets. This legislation fosters institutional adoption and signals a positive shift in governmental attitudes towards crypto, promoting innovation and market stability.

Is the legalization of cryptocurrency perpetual contracts in the United States on the horizon? CFTC Chair: Policy announcement within a month

CFTC Chairman Mike Selig announced that a policy on cryptocurrency perpetual contracts will be released within a month, and he will collaborate with the SEC to promote "Project Crypto" to advance innovative exemption measures. This move aims to end regulatory uncertainty in the crypto industry, facilitate the legalization of the U.S. market, and provide clear guidance for the prediction market.

The Financial Services Commission of South Korea held its first "Virtual Asset Committee" meeting of the year to advance related legislative review.

The Financial Services Commission of South Korea held its first "Virtual Assets Committee" meeting to discuss a mid-term review of the virtual asset overpayment incident and system improvements. The plan includes promoting DAXA's internal control standards and self-regulation, while also consulting with the ruling party and opposition party on legislative matters.