Bitcoin Rises Past $107K as FHFA’s Pulte Orders Crypto Consideration in Mortgage Applications
The Trump appointee overseeing the nation’s housing agencies said Freddie Mac and Fannie Mae should take mortgage applicants’ crypto holdings into account.
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Circle
The Trump appointee overseeing the nation’s housing agencies said Freddie Mac and Fannie Mae should take mortgage applicants’ crypto holdings into account.
The decline coincided with a BIS report casting doubts about stablecoins’ future role in global finance.
Wednesday’s rally reflects investor confidence that Circle will be the chief beneficiary if the U.S. formally embraces stablecoins as digital cash equivalents.
The U.S. president addressed an annual Coinbase event.
Circle’s IPO exceeds expectations with a surge in demand, pushing shares above the marketed range.
Circle raises its IPO share count and price range as strong investor demand fuels interest.
The company’s shares will trade under the ticker “CRCL.”
The offer was rejected as too low, according to the story.
Patrick McHenry, the ex-lawmaker who championed last year’s crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
Mastercard’s new global system aims to make stablecoin transactions as seamless as traditional payments.