LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenizationStablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks.
Happy Wednesday!A Latin American energy giant has closed a $75 million oil and gas deal using blockchain tokenization and stablecoins, bypassing traditional banks. Treasury Secretary Bessent calls stablecoins a debt relief tool as the Senate prepares to vote on the GENIUS Act, which could boost stablecoins to a $3.7 trillion market by 2030. Meanwhile, VanEck’s Solana ETF moves closer to launch with a key DTCC listing after SEC filing updates. Stay informed with today’s top crypto stories.
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Stablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks. 📰 Top News
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS ActScott Bessent said predictions that stablecoins will reach $3.7 trillion market cap by 2030 become more likely with a GENIUS Act approval. VanEck’s Solana ETF moves closer to market entry with DTCC listingThe listing comes days after the SEC asked Solana ETF applicants to submit amended S‑1 registration statements. US DOJ, Europol seize world’s largest dark web drug market operating via MoneroThe Archetyp Market, with an estimated €250 million in sales, was dismantled by international law enforcement revealing widespread darknet operations.
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Lawmakers think stablecoins are GENIUS: Inside the new US stablecoin billCryptoSlate's latest report unpacks the GENIUS Act, the Senate stablecoin bill mandating 1-to-1 reserves, clear licensing, and priority protections for dollar-backed tokens.
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