The US state of Wyoming is “rapidly advancing” towards the launch of its own stablecoin before mid-2025, the executive director of the team behind the initiative has said. Apollo is executive director of the Wyoming Stable Token Commission, which was established in March 2023 through the Wyoming Stable Token Act. #siamstr #nostr

The makeover of the U.S. Securities and Exchange Commission appears to be well underway following news that the agency plans to dismiss its years-long case against Coinbase. #siamstr #nostr

Federal Reserve Chair Jerome Powell has made a major statement that could reshape the relationship between traditional banks and the cryptocurrency sector. While acknowledging crypto’s volatility and speculative nature, he stated that the Fed does not intend to prevent banks from serving legal crypto customers as long as they understand and manage the associated risks. #siamstr #nostr #Siamstr