Coinbase Tells US Treasury: Stablecoins Should Be Treated Like Cash, Not Debt
Regulatory momentum for U.S. stablecoins is accelerating as calls grow to classify them as cash equivalents, a move seen as a game-changer for financial innovation, tax clarity, and America’s dominance in the digital payment ecosystem. Coinbase Pushes for Stablecoin Cash-Equivalent Classification Under GENIUS Act Regulatory discussions around stablecoin classification are intensifying as the U.S. Department […] Powered by...
Cloudflare Tells U.S. Govt That Foreign Site Blocking Efforts Are Digital Trade Barriers
Every year, the office of the United States Trade Representative (USTR) publishes the National Trade Estimate Report on Foreign Trade Barriers. The report is compiled based on input from key industry players. This includes submissions from copyright industry groups that frequently highlight piracy challenges that in their view act as barriers to trade. In previous years, for example, the MPA and others have called for more...
Zohran Mamdani Just Inherited the NYPD Surveillance State
In addition to affordability, New York City’s mayor-elect will be forced to reckon with the NYPD’s sweeping mass surveillance operations. Powered by WPeMatico
Fed Governor Lisa Cook Takes a Break From Her Battle With Trump, Delivers Speech on Monetary Policy
The governor spoke about the complexities of U.S. monetary policy at the Brookings Institute this past Monday in Washington, DC. Fed’s Lisa Cook Highlights Delicate Balance of Inflation and Employment Federal Reserve Governor Lisa Cook seems to have pushed the pause button on her high-profile feud with U.S. President Donald Trump. The governor recently made […] Powered by...
Balancer Breach Tied to Batch Swap Rounding Bug; Investigation Ongoing
The decentralized finance platform Balancer has acknowledged a significant security breach affecting its V2 protocol and its forks on other chains. Balancer Confirms ‘Significant’ V2 Exploit The decentralized finance (DeFi) platform Balancer has acknowledged that a recent security breach targeting its V2 protocol and forks on other chains “was significant.” In its latest update, Balancer […] Powered by...