Crypto News
Crypto Exchange Bitget Debuts Yield-Bearing BGUSD Backed by RWAs
Cryptocurrency exchange Bitget launched BGUSD, a stable asset certificate offering a 4% annual yield, backed by tokenized real-world assets (RWAs) including money market funds and U.S. Treasuries. New Bitget Stablecoin BGUSD Generates Yield from Tokenized Assets The product, announced on May 27, 2025, is redeemable for USDC at a 1:1 ratio and can be purchasedSource link
Sen. Lummis on Push for Stablecoin Bill: ‘I Had No Idea How Hard This Was Going...
LAS VEGAS, Nevada — The U.S. Senate seems to be getting close to passing its landmark stablecoin bill, the GENIUS Act — a battle its champion Cynthia Lummis (R-Wyo.) said has been incredibly hard-fought.“It has been extremely difficult,” Lummis said during a fireside chat with Coinbase’s Chief Legal Officer Paul Grewal at Bitcoin 2025 in Las Vegas on Tuesday. “I had no idea how hard this was going to be.”Last week, the Senate voted to advance the bill, easily clearing the 60-vote threshold required to kick the bill to its last discussion phase before the final vote to pass it out of the body entirely. An earlier attempt failed on a bipartisan basis after Senate Democrats, led by long-time crypto sceptic Elizabeth...
2025 Tipping Point: Bitcoin to Attract Massive Institutional Capital, Bitwise Executive Predicts
At the Bitcoin 2025 event in Las Vegas, Bitwise CEO Hunter Horsley declared that bitcoin is transitioning into a mainstream financial asset in 2025, driven by regulatory changes enabling U.S. institutional investors to enter the market at an unprecedented scale. Bitwise CEO Projects Historic Bitcoin Growth The U.S. regulatory landscape’s evolution in 2025 will allowSource link
Robinhood CEO Predicts AI-Driven Companies, Likens Them to Bitcoin and Satoshi
Robinhood CEO Vlad Tenev said at Bitcoin 2025 that AI could lead to "single-person companies"—just like how Satoshi Nakamoto created BTC.Source link
Lyn Ulbricht Launches Mothers Against Cruel Sentencing at Bitcoin 2025 Event
Lyn Ulbricht, mother of Silk Road founder Ross Ulbricht, unveiled a nonprofit called Mothers Against Cruel Sentencing (MACS) during the Bitcoin 2025 conference in Las Vegas—an initiative centered on criminal justice reform. MACS Founder Lyn Ulbricht Seeks Justice for Nonviolent Offenders The organization targets the issue of excessively punitive prison terms, especially for individuals convictedSource link