Earlier this week, the FDIC released its proposal to implement the GENIUS Act. As it is implemented, the GENIUS Act will position the United States as the global leader in digital asset innovation while reinforcing the strength of the U.S. dollar.
🚨 NEWS: Cardano's Leios Testnet is expected to launch in June!
Ouroboros Leios will significantly increase Cardano's TPS, with a huge scalability upgrade to the network.
IOG Product Manager @carloslodelar confirmed the June timeline in his recent post.
🔥TODAY: BESSENT AND ARMSTRONG PUSH FOR CLARITY ACT
Treasury Secretary Scott Bessent and Coinbase CEO Brian Armstrong both agree and say it’s time for congress to advance the CLARITY Act and move the U.S. crypto framework toward passage.
An update on our engagement with @Mastercard.
While Cardano was not included in the initial cohort of 85 launch partners, @emurgo_io has been actively engaging with their APAC team to change that and ensure our ecosystem is represented.
Following a leadership transition at Mastercard APAC —where our primary contact moved to EY — we have successfully connected with his successors. They were excited to speak with us and I am pleased to share we are now in the Qualification Stage for the Global Crypto Partner Program.
With the continued support of the Cardano community, I am confident in a positive outcome.
This important:
Please like and share to show @Mastercard the strength of our ecosystem. Mastercard is a global firm.. we need to show them that our inclusion into their Partner Program will make a difference to them. Surely this is an initiative the entire Cardano ecosystem can support! #cardano86
Let's go!!!
#cardano #mastercard @Cardano_CF@Cardano@IOGroup@midnightfdn
$ADA has been classified as a digital commodity by the SEC and CFTC.
A meaningful development for the Cardano ecosystem and for the broader digital asset industry.
Chairman @SECPaulSAtkins on today’s interpretation on crypto assets:
“After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the Commission treats crypto assets under federal securities laws.”
TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets.
This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets.
Read the release here: https://t.co/DDykVLHZQI
🚨STANDARD CHARTERED SIGNS NEW CRYPTO PARTNERSHIP
Hana Group, one of South Korea’s largest financial groups, has partnered with Standard Chartered to expand into digital assets, including stablecoins.
The deal aims to combine both banks’ networks to explore blockchain infrastructure, FX services, and next-gen financial products.
USDCx is now live on SundaeSwap. 👀
USDCx on Cardano is a stablecoin backed 1:1 by @USDC held in @Circle’s xReserve smart contract. Swap it, provide liquidity, and earn fees while powering DeFi.
Check out supported pairs → https://t.co/QZIlhI2zC1
Bridge USDC → USDCx with $0 fees until June → https://t.co/Sm6Brykccw
⚡️JUST IN: MASTERCARD LAUNCHES CRYPTO PARTNER PROGRAM WITH 85+ COMPANIES INCLUDING BINANCE, PAYPAL, AND RIPPLE
Mastercard has unveiled a Crypto Partner Program that brings together over 85 companies, including @Binance, @Circle, @Ripple, @Gemini, @PayPal, and Paxos, to connect blockchain technology directly to its global payments infrastructure.
The initiative targets cross-border transfers, business-to-business payments, and global payouts by linking on-chain tools with Mastercard's existing rails across 200+ countries.
The move mirrors Visa's stablecoin push as traditional payment giants race to integrate digital assets at scale.
🔥 HUGE: Mastercard launches a Crypto Partner Program, bringing together 85 crypto companies to develop cross-border transfers, B2B payments and global payouts.
Bridging USDC to Cardano is still $0 👀
We’re extending $0 deposit fees on the USDC → USDCx bridge deposit and relay services for the next 90 days as USDCx momentum continues to grow. Any future changes to the fee strategy will always be communicated transparently.
https://t.co/Sm6Brykccw