President Trump signed the GENIUS Act into law, establishing the first federal framework for dollar-backed stablecoins and marking a major victory for the crypto industry. The legislation is expected to drive widespread adoption and encourage traditional banks to enter the stablecoin market.
Global banking giant Santander is evaluating the launch of dollar and euro-pegged stablecoins alongside expanded retail crypto services, reflecting a broader trend among major financial institutions amid evolving regulatory landscapes.
Vietnam’s Ministry of Finance is preparing to pilot a national cryptocurrency exchange to establish regulatory guardrails for digital assets in a country ranked third globally for crypto adoption.
Despite the SEC’s ongoing legal battle with Ripple, XRP continues to gain adoption among BRICS nations and Japan. The cryptocurrency’s utility as a bridge asset remains attractive to global financial institutions.
