Stablecoin issuer Circle officially launched Arc blockchain, which will support the trading of stablecoins, tokenized equities, and other assets.

The blockchain will also support perpetuals, lending protocols, and social trading apps, Jeremy Allaire, CEO of Circle, said in a press briefing. ...

A landmark crypto legislation, the Clarity Act, failed to advance in the Senate in a procedural vote Tuesday, sending prices of crypto shares down as the bill became unlikely to pass under the Trump administration.

The Clarity Act, a comprehensive crypto market structure bill, would set explicit ...

When Palmer Luckey’s Erebor Bank launched earlier this year, it made an attractive pitch to lure new crypto customers: It would convert their stablecoins to cash for free.

But Erebor wound up pulling the offer after several months, after sophisticated crypto trading firms sniffed out a way to make an easy profit out of the offer—at a cost to Erebor. The episode demonstrates that the young bank is still figuring out how to manage the risks of serving the cryptocurrency industry, a world of fast-moving financial flows, colorful characters and unusual business models.