KYC

News 2025 July 18, 18:01 (50 days ago )

6 hours Crypto Highlights: KYC Laws, Stablecoins, and Market Movements

#KYC regulations are under scrutiny as they are perceived to undermine privacy. Critics argue that these laws are making it harder for users to maintain anonymity in their transactions, leading to calls for better solutions like #zkProofs.

The #GeniusAct, aimed at regulating stablecoins, has cleared Congress, marking a significant step in the legislative landscape for digital currencies. This act is expected to set the framework for how stablecoins operate in the U.S. market.

#Coinbase has seen significant insider selling, with executives offloading $230 million in shares recently. This move has raised eyebrows about the company’s internal confidence amid ongoing market fluctuations.