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European banks form consortium to launch Euro-pegged stablecoin
A consortium of 10 European banks, named Qivalis, is set to launch a euro-pegged stablecoin to challenge U.S. dollar dominance in digital payments. Targeting crypto trading and payments, the token's launch is anticipated in H2 2026, pending regulatory approval.
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RumbleValidator:
Ten banks jointly develop stablecoins. How is the distribution of verification nodes designed? Is there data supporting the level of centralization?:View More
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Senate Agriculture Committee's Crypto Market Structure Draft Sees Democratic Amendments
Senate Democrats are proposing amendments to a crypto market structure bill initially drafted by Republicans, including banning government officials from profiting in the crypto sector. A hearing is scheduled next week, but may be postponed due to a snowstorm.
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CounterIndicator:
The Democrats are undermining again... That's why regulation can never be effective; everyone has their own agenda.:View More
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