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CoinDesk
Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal
Binance and OKX did not explain the reasons behind the move, which created confusion in the crypto industry.
CoinDesk
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year.
CoinDesk
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.