Crypto News
Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins, citing potential risks to financial stability. Geopolitical Context and U.S. Stablecoin Bills The former governor of the People’s Bank of China (PBOC), Zhou Xiaochuan, has cautioned against parties urging the Chinese government to allow theSource link
Hester Peirce: Rethinking Financial Surveillance and Privacy in Crypto
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Hester Peirce’s Peanut Butter & Watermelon Speech SEC Commissioner Hester Peirce’s intriguing “Peanut ButterSource link
Canadian Firm Luxxfolio Plans $73M Raise to Expand Litecoin Treasury Strategy
The struggling Canadian firm aims to scale through a Litecoin-focused reserve and infrastructure model amid a pivot to the 27th-largest coin.Source link
Legal Showdown Set: Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday
The president fired the central bank governor on Monday evening, but Cook is fighting back with a lawsuit that will likely end up at the Supreme Court. Fed Governor Lisa Cook’s Lawsuit Against Trump to Be Reviewed Friday “I will not resign. I will continue to carry out my duties to help the American economySource link
Block’s Jack Dorsey Endorses Bitcoin’s Primary Purpose: Payments
Jack Dorsey, chairman and co‑founder of Block, reaffirmed his support for what he considers bitcoin’s primary function: payments. On social media, he liked a post that describes bitcoin as electronic cash for completing peer‑to‑peer payments. Jack Dorsey Endorses Original Bitcoin Vision: Electronic Cash for Payments While some have embraced bitcoin as a financial asset, othersSource link