Global hack on Microsoft product hits U.S., state agencies, researchers say

The U.S. GENIUS Act, signed into law on July 18 2025, and Hong Kong’s Stablecoins Ordinance, effective August 1, represent divergent paths in the global stablecoin race.

On July 14, 2025, the U.S. banking landscape took a significant step toward embracing the digital assets and blockchain ecosystem. Blockdaemon has shared key insights following the announcement. As covered, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC)—collectively known as the "big three" banking regulators—issued a joint statement clarifying expectations for banks providing crypto-asset safekeeping services. This guidance, while not introducing new regulations, marks