The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.
Source: CoinDesk
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins.
There were hopes that regulators could move if the Clarity Act didn’t advance, but those, too, may be paused.
A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.
