XRP Advocate Warns Crypto Laws May Stall Without Stablecoin Bill đŹ $XRP XRP advocate John E. Dayton warns that if the GENIUS Act â a stablecoin regulation bill â fails in the US Senate, major crypto laws may be delayed until 2029. Known for his role in the XRP case, Dayton said the bill is non-controversial and supports the national interest âď¸.
He believes that if lawmakers canât pass this simple bill, more complex ones like market structure reform, tax laws, or the Lummis-Gillibrand bill wonât move forward anytime soon đ.
The GENIUS Act, led by Senator Bill Hagerty, sets rules for stablecoin issuers and ensures secure reserves to protect consumers đĄď¸. Hagerty said it will boost dollar-backed innovation and bring clarity to crypto regulation in the US đşđ¸.
Despite the challenges, Senator Kirsten Gillibrand believes the bill could pass this week. Industry support is rising. Coinbaseâs policy chief Friar Sherzad called stablecoin laws a ânational priority,â saying they can help the US lead in blockchain finance đ. However, some lawmakers, like Sen. Elizabeth Warren, remain cautious, raising concerns over financial risks. Dayton also noted the bill doesnât allow yield on stablecoin holdings, which might face bank resistance đŚ.
The Senate vote is expected soon. If it fails, broader crypto efforts â like BitBonds or tax reforms â may not advance until the next administration. $XRP #XRP đ #SEC ##GENIUSAct MP #CryptoNews #stablecoin
#MyEOSTrade : What You Need to Know About the Upcoming EOS Token Swap
Heads-up to all my fellow EOS holdersâbig changes are coming, and itâs time to prepare. EOS is gearing up for a token swap, transitioning 1:1 into a new asset, Token A. The best part? Binance has our backs and will fully support this migration.
During the swap, there will be some temporary disruptions. Spot trading pairs involving EOS will be paused, and both futures contracts and margin trading with EOS may also be impacted. This is a normal part of the process to ensure everything goes smoothly.
Mark your calendars: The token swap is scheduled to take place between May 27 and May 28, 2025. During this window, some key operations will be on hold as Binance works behind the scenes to make the transition seamless and protect our assets.
I appreciate how Binance continues to show up for its users during moments like this. Whether you're a seasoned trader or just holding long-term, their commitment to smooth migrations and user equity gives us one less thing to worry about.
Make sure to stay tuned for detailed timelines and further updates as we approach the swap periodâIâll be watching this closely and sharing anything important right here.
Binance Alpha to List SOON (SOON) Token with Airdrop Event Launching May 23
Binance Alpha has announced it will be the first platform to list SOON (SOON), with trading scheduled to commence on May 23, 2025. The listing marks the initial market debut of the SOON token, offering early access through Binanceâs Alpha platform. SOON Airdrop Available Through Binance Alpha Points
Eligible users will be able to redeem an airdrop allocation of SOON tokens by utilizing Binance Alpha Points. Full details, including the airdrop claim process and activity rules, will be published on the official Alpha event page on May 23. The initiative is part of Binance Alphaâs ongoing efforts to introduce new crypto assets through exclusive trading events and reward mechanisms.
According to BlockBeats, Lookonchain monitoring revealed that a whale recently sold 2,534 $ETH equivalent to $5.86 million, making a profit of $1.9 million. Previously, this whale had engaged in three separate ETH transactions, each resulting in losses, with a total deficit of $1.8 million.
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BNB Surpasses 650 USDT with a 1.75% Increase in 24 Hours
On May 18, 2025, 23:53 PM(UTC). According to Binance Market Data, BNB has crossed the 650 $USDT benchmark and is now trading at 650.75 USDT, with a narrowed 1.75% increase in 24 hours. $BNB $USDT
When you think that your dream is impossible to achieve, it will become impossible. But when you believe that your dream is achievable, you become more capable and determined to achieve it. #EthereumSecurityInitiative
Strategy added 6,500 $BTC last week, pushing its total Bitcoin holdings over $47B. The company has now bought Bitcoin on five of the last six Mondays, showing strong conviction and confidence in Bitcoin as a long-term asset, even amid market uncertainty. đŹ Whatâs your take on this strategy? Do you think other institutions will follow Strategy's lead? đ Create a post with the #SaylorBTCPurchase or the $BTC cashtag, or share your traderâs profile and insights to earn Binance points! (Press the â+â on the App homepage and click on Task Center) Activity period: 2025-04-22 06:00 (UTC) to 2025-04-23 06:00 (UTC) Points rewards are first-come, first-served so be sure to claim your points daily! BinanceAlpha$1.7MReward#SaylorBTCPurchase $BTC