U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it....
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Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
Hyundai became South Korea's first major company using stablecoins for live cross-border treasury transfers on Avalanche blockchain. The carmaker moved $20,000 from U.S. to Mexico operations in seven minutes via USDT, versus traditional banking's three-to-four hours. Expansion plans include European pilots with Circle and Visa, signaling enterprise stablecoin adoption beyond crypto trading for cost-efficient subsidiary transfers.
Crypto Biz: How stablecoins found their niche
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape....
A16z’s Andreessen lands Federal Reserve role as AI reshapes policy debate
Marc Andreessen, a16z co-founder and major crypto investor, joins the Federal Reserve's new AI productivity task force under Chair Kevin Warsh. The task force will assess how artificial intelligence impacts employment and productivity, informing Fed policymaking. This marks significant tech-industry influence on monetary policy as the FOMC remains divided on whether AI drives inflation or deflation.