Bitcoin Price Prediction: Analyst Highlights Breakout Patterns as Coinbase CEO Backs Crypto Structure Bill

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia

The post House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case appeared on BitcoinEthereumNews.com. Topline House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties. Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images) Anadolu via Getty Images Key Facts A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats. The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince. The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein. The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Crucial Quote Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.” Chief Critic “Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury…

In the bill on virtual assets 10225-d have made a total of 2538 corrections. This was stated by deputy Yaroslav Zheleznyak. Recall, the corresponding bill was adopted in the first reading in early September 2025. At the same time, at the level of the Committee, he received approval in the spring. After that, as expected […] Сообщение More Than 2,500 Amendments Have Been Made to the Draft Law on Virtual Assets in Ukraine появились сначала на INCRYPTED.