Month: March 2025

GameStop Raising $1.3B of Convertible Debt for Bitcoin Purchases

Just 24 hours after adding its name to the roster of companies pursuing a bitcoin (BTC) treasury strategy, GameStop (GME) — led by its CEO Ryan Cohen — is also adding its name to those firms issuing convertible debt to raise funds for BTC acquisition. The $1.3 billion of...
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Yield-bearing stablecoins could kill banking — US Senator Gillibrand

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC. Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New...
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Fidelity’s US Dollar-Pegged Stablecoin Set for May Launch: Report

Fidelity Investments – one of the largest asset managers in the United States – is nearing the launch of its own US dollar-pegged stablecoin. This move comes at a time when the regulatory landscape for cryptocurrencies in the US has grown more favorable, particularly under the Trump administration’s friendly...
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