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Are Stablecoins Securities?

Talk about stablecoins and the assets backing them has never been as heated as in recent weeks, within the crypto community and among regulators and traditional market investors. Carlos Domingo, CEO of digital asset securities firm Securitize, explains whether stablecoins should be regulated by the SEC as securities, and also breaks down tokenized stocks. Plus, the launch of two crypto yield funds and what they mean for his business.

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Bipartisan Infrastructure Deal Could Impose New IRS Reporting Requirements on Crypto Firms

U.S. senators reached an agreement on key parts of a $1.2 trillion bipartisan infrastructure bill which could be approved for formal debate by late Wednesday. According to the Blockchain Association’s Kristin Smith, the bill contains language that would subject much of the crypto industry to new, challenging IRS reporting requirements.

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Market Cap of USDC Growing Faster Than Tether

Half of the trades in and out of bitcoin are done with Tether, the dominant stablecoin and third-largest cryptocurrency with a $64 billion market cap. Yet, ​Coin Metrics reveals the market cap of stablecoin USDC is growing faster than that of USDT. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Does Tether Pose Systemic Risk to Crypto Markets?

CoinDesk Data and Indexes Director Galen Moore discusses his stablecoin Tether (USDT) assessment and its impact on bitcoin amid the cryptocurrency being subject to increased scrutiny by U.S. regulators. “The question of Tether’s ability to maintain its peg to the dollar is a systemic question,” Moore said.

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Robinhood Reportedly Testing Feature to Protect Crypto Investors From Volatility

As Robinhood prepares to go public this week, the zero-fee trading platform is reportedly working on a new feature that will help protect users from crypto price volatility. “The Hash” panel discusses whether the fintech firm is acting in the best interests of its clients or is it just a front to appease regulators?

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New App Allows Consumers to Spend DASH Cryptocurrency at 155K+ US Retailers

Blockchain-based payments network Dash has launched DashDirect, a noncustodial and user-controlled retail app, which allows users to pay for everyday purchases at over 155K national retailers with their DASH holdings and qualify for discounts of up to 12%. "The Hash" hosts examine the pros and cons of such a product in bringing cryptocurrency utility to the masses.

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Here's Why Binance CEO 'CZ' Is Looking for His Replacement

Binance, the world’s largest cryptocurrency exchange by volume, is looking for someone with a strong regulatory background to become its new chief executive officer, replacing its current CEO, Changpeng "CZ" Zhao. The news comes amid Binance facing a series of regulatory scrutiny across global jurisdictions. "The Hash" team discusses the implications for the exchange and its customers.

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Bitcoin Rewards Site Lolli Raises $10M, Eyes Gaming Sector for Growth

Bitcoin rewards company Lolli raised $10 million in its latest funding round. Social media influencers Logan Paul, Chantel Jeffries and Sway House also participated in the Series A round. Lolli plans to be more active in the gaming community. "The Hash" panel digs into the world of crypto influencers and their potential role in driving mainstream blockchain adoption.

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Growing Debate Over Encrypted Smartphones and Crime

"The Hash" responds to an op-ed written by the executive director of Europol and district attorney of New York, which suggests global law enforcement authorities should have back door access to encrypted digital devices to prevent and solve crimes.

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AS Roma Football Club Signs $42M Deal With Blockchain Fintech Zytara Labs

Italian soccer club AS Roma has signed a three-year partnership worth €36 million ($42 million) with blockchain fintech Zytara Labs. DigitalBits founder Al Burgio discusses what it's all about as perhaps the most notable sponsorship deal to date between a soccer club and blockchain or crypto-centric firm.

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