19th June: Blockchain DXB) podcast🎙️📊FOMC Interest Unchained 🟠Genius Act passed by Senate 🔴Iranian Nobitex Hacked for $90M 🔵 Relai 🇨🇭) & Casa Partner to Offer Multisig Bitcoin SecurityFOMC Interest unchanged Jerome Powell stated under trump administration Unemployment rate low and labor market strong. We stronly recommend to watching full video by Federal Reserve Board) chair Jerome Powell here https://lnkd.in/dp7kyDqn)🟠U.S. Senate Passes Stablecoin Regulation Bill – GENIUS ActOn June 17, the U.S. Senate passed the GENIUS Act, a landmark bill establishing federal regulations for U.S. dollar-pegged stablecoins. The bill received bipartisan support with a 68-30 vote and now awaits approval from the House of Representatives before reaching President Donald Trump.Key highlights:- Stablecoins must be backed by liquid assets like U.S. dollars or short-term Treasury bills.- Issuers must disclose reserve composition monthly.- The bill addresses concerns about Big Tech and foreign issuers entering the space.This would be the first federal regulatory framework for stablecoins in the U.S.- Circle) &Coin-base Stock Prices Surge After GENIUS Act Passes Senate🔴Iranian crypto exchange Nobitex was reportedly hacked for $90 million by Israeli-linked hacktivist group Gonjeshke Darande, according to Elliptic, a blockchain security firm. Blog here https://lnkd.in/d-mQwVV4)🔴The group, which previously targeted Iran’s state-owned Bank Sepah, claimed responsibility via X, calling Nobitex) a “terror-financing tool” used to bypass sanctions. They also threatened to leak the exchange’s internal data and source code. While Nobitex confirmed the cyberattack, it has not verified the amount stolen, amid rising tensions between Iran and Israel.🔵 Casa has partnered with Swiss-based Bitcoin platform Relai 🇨🇭) to offer a seamless solution for buying and securing Bitcoin. The collaboration combines Relai’s easy-to-use, compliant platform for purchasing Bitcoin with Casa’s industry-leading self-custody vaults, giving users a secure, end-to-end Bitcoin experience.Through this partnership, users can:- Buy/sell Bitcoin via Relai’s trusted platform- Directly fund Casa vaults for long-term storage- Access a secure on-ramp for individuals and businesses🔵 Casa Inc.) CEO Nick N. said the partnership empowers users to "fully own their financial future," while Relai 🇨🇭) CTO Adem Bilican) called it a move to help users secure not just their savings, but their legacy. Info here https://lnkd.in/d44tJNAE)🟠 Two UAE news⚡️ The Dubai Financial Services Authority (DFSA)) begins engagement with firms selected for its Tokenisation Regulatory Sandbox, reinforcing its commitment to responsible innovation in the DIFC)⚡️ Forte Aviation Consultants) partners with Deus X Pay) to launch crypto payments for luxury travel
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