US banks should give better rewards to attract and keep customers instead of griping about the threat that stablecoins pose to their profits, says Bitwise’s investment chief, Matt Hougan. “If local banks are worried about competition from stablecoins, they should pay more interest on deposits,” Hougan wrote on X on Tuesday. He added that the banks are…
The United States’ first memecoin exchange-traded fund (ETF) is set to debut on Thursday, marking the latest step in the expansion of regulated crypto products after the successful rollout of Bitcoin and Ether funds last year. In a social media post on Tuesday, Bloomberg ETF analyst Eric Balchunas said the Rex-Osprey Doge ETF (DOJE) is set to…
Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately,…