House of Block - Weekly Wrap
Issue - 65 Week ending 20th June 2025
News that’s caught our eye this week.
Digital Assets & Web3 Event 12th June London (3rd year), introduce - House of Block’s inaugural Polo Cup Event.
And other world news this week…
US Senate passes stablecoin bill in milestone for crypto industry. The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins, granting sweeping authority to the Department of Treasury and opening the door to banks, fintechs, and retailers. Reuters
Coinbase Brings Stablecoins to eCommerce with Coinbase Payments. Pymnts.com
Why Ripple thinks London can become the main crypto powerhouse in the west. When Ripple unveiled its four-point policy blueprint in London, the message was unmistakable: if the UK wants to lead in crypto, the time to act is now. Cryptoslate
JP Morgan, SEC chat re capital markets activities on public blockchain. LedgerInsights
Image: Ledger Insights
Bank of England head Bailey not“convinced"of need for digital pound. The governor of the Bank of England has said he is not "convinced" by new forms of money such as a digital pound, as he also warned over the use of cryptocurrencies. MorningStar
Reddit in talks to embrace Sam Altman’s iris-scanning Orb to verify users. Semafor.com
Justice Dept. Files to Seize Record $225 Million Tied to 'Pig Butchering' Crypto Scams. U.S. feds have said they've filed to seize $225.3 million in USDT, Tether's dollar-pegged stablecoin. dercrypt
Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub. The U.S. crypto exchange has also picked Luxembourg for its central EU hub, reversing an earlier decision to select Ireland. CNBC
Elon Musk’s X accelerates fintech pivot with plans for in-app payments and trading. Crypto users anticipate digital assets adoption as X expands financial features. CryptoSlate
TRON eyes IPO: Justin Sun bets on crypto treasury strategy. Coingeek
House of Block Shout Out !
House of Block: Hosted Inaugural Polo Match at Ham Polo Club, for the Digital Assets & Web3 Industry. 12 June 2025 London. Blockleaders.io