Here is what happened yesterday in the crypto market:
Senate Advances Stablecoin Bill
The U.S. Senate is taking steps toward approving legislation that would set standards for stablecoin issuers. This move signals increasing regulatory clarity for the crypto market.
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Stripe to Acquire Crypto Wallet Startup Privy
Stripe is set to acquire Privy, a crypto wallet infrastructure provider, to enhance its Web3 capabilities. This acquisition reflects Stripe’s broader strategy to simplify the integration of blockchain tools into mainstream digital products.
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Ukraine Considers Creating Crypto Reserve
Ukrainian lawmakers have introduced a bill to authorize the creation of a crypto reserve, potentially allowing the National Bank of Ukraine to include cryptocurrencies like Bitcoin in its reserves.
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Bullish Exchange Files for U.S. IPO
Crypto exchange Bullish has confidentially filed for a U.S. IPO, aiming to capitalize on growing digital asset enthusiasm. This move indicates increasing confidence in the crypto market’s potential.
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Interactive Strength Plans $500M AI Token Treasury with Fetch.ai
Interactive Strength (TRNR), a fitness equipment manufacturer, plans to raise up to $500 million to purchase Fetch.ai’s FET token, creating an AI cryptocurrency treasury.
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