Stablecoins and volatile cryptocurrencies serve different functions in crypto poker bankroll management. Stablecoins like USDT and USDC maintain 1:1 parity with the US dollar, eliminating price volatility but introducing counterparty risk through centralized reserve backing. Volatile coins like Bitcoin and Ethereum fluctuate in value, creating price exposure but offering decentralization and censorship resistance. Neither option
Online poker sites accept multiple cryptocurrencies, each with distinct technical characteristics affecting confirmation speed, transaction costs, and volatility exposure. Bitcoin remains the most widely accepted cryptocurrency due to network maturity and liquidity depth. Ethereum offers faster confirmations through proof-of-stake consensus. Stablecoins like USDT and USDC eliminate price volatility while maintaining blockchain settlement benefits. Understanding these
The outcome of this week’s discussions could shape how crypto rewards are treated going forward Coinbase is stepping up its lobbying efforts as US lawmakers prepare to review key sections of the CLARITY Act, a major crypto market structure bill. The debate centers on whether stablecoin issuers should be blocked from offering rewards through crypto
Acting FDIC Chair Travis Hill confirmed the initiative in remarks made to the House Financial Services Committee US regulators are preparing to roll out a detailed framework for stablecoin oversight, with the Federal Deposit Insurance Corporation (FDIC) signaling that its proposal could arrive before the end of the month. Acting Chair Travis Hill outlined the
The financial oversight agency is taking a larger interest in cryptocurrency The FDIC is preparing to take a more defined role in US crypto policy, with Acting Chair Travis Hill confirming that the agency is developing guidance for tokenized deposit insurance and a regulatory pathway for stablecoin issuers. Speaking at the Federal Reserve Bank of
Changes in financial approaches will fuel a move toward stablecoins Tether co-founder Reeve Collins believes that by the end of this decade, all forms of money will exist in the form of stablecoins. Speaking at Token2049 in Singapore, Collins said the shift is inevitable as finance continues to move onto blockchain rails. In his view,
The feedback could guide how the stablecoin legislation evolves The US Treasury Department has formally invited the public to provide feedback on the newly enacted Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Signed into law by President Donald Trump in July, the legislation sets the foundation for regulating payment stablecoins across the
The bill’s advancement suggests growing momentum for federal regulation of stablecoins The US Senate has voted to advance the Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, by a 68-30 margin. The decision moves the bill closer to a full floor debate and vote, potentially setting the stage for
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