💸 Circle Just Got Wrecked

The whole House blocked crypto-related vote.

Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.

What we’ll cover today:

  • Circle’s 5% drop after Congress stalls the crypto bill

  • Fairshake PAC flexes $141M for pro-crypto fights

  • Why fintech insiders say this week could reshape the industry

  • The next big fintech event to watch 🚀

Source : CoinDesk

Circle (USDC stablecoin) and Coinbase took a hit after U.S. lawmakers stalled a big crypto regulation bill vote.

🚨Breaking News:
House vote fail delays crypto rules, sending Circle’s shares down 5% and causing ripples across other crypto stocks.

⚡Wire Simplified:

  • Circle’s stock fell after House blocked crypto-related vote.

  • Coinbase and MARA also slipped about 2%.

  • GENIUS Act would bring U.S. stablecoin regulations.

  • Trump’s admin and crypto lobby pushed hard for this bill.

  • A second vote might happen soon.

✔️Straight to the Point:
Crypto’s Washington dreams hit pause. Circle and friends now waiting on lawmakers again. No clarity, no rally (yet).

🗳️ Should stablecoins like USDC be regulated by the government?

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Source : CoinDesk

Fairshake, crypto’s loudest political PAC, shows off its $141M stash as lawmakers debate new digital asset laws.

🚨Breaking News:
Fairshake PAC holds $141M cash (plus crypto, stocks) to back pro-crypto candidates ahead of big regulatory decisions.

⚡Wire Simplified:

  • Fairshake leads crypto’s political push with $141M.

  • Coinbase alone chipped in $25M this year.

  • Backed almost all winning candidates in 2024.

  • Focused on crypto-friendly laws and stopping CBDCs.

  • Crypto industry now plays big in politics.

✔️Straight to the Point:
Fairshake’s ready to spend big. Crypto’s not just lobbying, it’s rewriting the political playbook, one donation at a time.

Latin America FinTech Summit 2025
This event highlights innovations in the LatAm FinTech market, focusing on remittances, digital banking, and financial inclusion.
Date: October 2025 | Location: Mexico City, Mexico

Book your seat here

Singapore FinTech Festival 2025
The Singapore FinTech Festival is one of the world's largest FinTech events, bringing together industry leaders, startups, and investors to discuss the future of financial technology. The event features conferences, exhibitions, and networking opportunities.
Date: November 9–13, 2025 | Location: Singapore

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