Can Stablecoin Replace Failing Fiat? Tether’s BTC Buys, OKX Brazil Push in Spotlight

Stablecoin activity has expanded beyond trading as Tether has allocated profits into Bitcoin and OKX has launched a yield wallet and card in Brazil, placing dollar tokens in daily spending while regulators weigh reserves, redemption, disclosure, and banking effects.
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Weekly Crypto Regulation Roundup: From Samourai’s Courtroom Reckoning to Mamdani’s Win and Lummis’ Bitcoin Push

The week in crypto regulation has featured a U.S. push to jail Samourai Wallet founders, Zohran Mamdani’s NYC victory with tougher oversight, renewed calls for a U.S. Bitcoin reserve, and Coinbase fined in Ireland while urging limits on U.S. rulemaking, as policy and markets have intersected across regions.
The post Weekly Crypto Regulation Roundup: From Samourai’s Courtroom Reckoning to Mamdani’s Win and Lummis’ Bitcoin Push appeared first on Cryptonews. …