The Block

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The Block

The first and final word in digital assets

Goldman Sachs sees stablecoin market reaching trillions of dollars: report
The investment banking giant also sees USDC growing $77 billion by the end of 2027, thanks in part to legislative gains....

Judge orders $228 million penalty for NY man who used investor funds for luxury cars in crypto trading fraud
A New York man and his "Ponzi" firm were ordered to pay over $228 million following accusations that he solicited people to trade assets. ...

‘We stand at a crossroads’: Fed’s Bowman urges more of an embrace toward crypto and tech
The Federal Reserve's Michelle Bowman says the central bank is at a "crossroads" when it comes to financial innovation....

SoFi taps Lightspark as it looks to use Bitcoin Lightning for an international money transfer service
In 2019, the neobank introduced crypto trading — though it curtailed the service amid the regulatory backlash following the FTX collapse....

Scaramucci’s SkyBridge eyes tokenizing $300 million on Avalanche blockchain: Fortune
Two funds will have their assets tokenized on Avalanche, including one that invests in directly in crypto assets including bitcoin....

Crypto exchange Bullish settles $1.15 billion IPO using stablecoins
After going public last week, Bullish has announced it is settling its $1.15 billion initial public offering using stablecoins like USDC....

Sen. Tim Scott pushes crypto bill ahead of Sept. deadline but says Sen. Elizabeth Warren is ‘standing in the way’
Sen. Tim Scott says he is banking on getting enough Democrats to pass his larger crypto market structure bill....

Wyoming launches first state-backed stablecoin on seven blockchains
The Frontier Stable Token (FRNT) will go live on seven blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana....

MetaMask continues expansion beyond Ethereum with latest TRON integration
The self-custodial wallet has previously integrated Sei and Solana and has signaled plans to add Bitcoin support....