South Korea prioritizes CBDC and bank tokens in digital currency
💡 South Korea puts CBDC and bank tokens front and center. Shin Hyun-song urges stablecoins play only a secondary, supporting…
Usdc faces backlash after $420 million illegal fund claims
🚨 Usdc allegedly allowed $420 million in illegal transfers. Circle CEO said wallets are only frozen after official legal requests.…
ClearBank Europe secures MiCA approval and plans to launch euro and dollar stablecoin services
🚨 ClearBank Europe gets MiCA approval and will launch euro and dollar stablecoins. This move enables regulated crypto and stablecoin…
Stablecoin payments soar as banks exit $2 trillion global trade market
🚀 Stablecoin payments surge as banks withdraw from global trade finance. Major Western banks’ exit forces trading companies to embrace…
Circle responds to criticism over USDC freeze policy after Drift Protocol exploit
Circle’s Chief Strategy Officer Dante Disparte published a defense of the company’s response to the recent $270 million exploit involving…
HSBC and Anchorpoint awarded Hong Kong’s first regulated stablecoin licenses amid new digital currency rules
Hong Kong has issued its first stablecoin licenses to HSBC and Anchorpoint Financial under strict new rules. The regulatory framework…
US Treasury launches real-time cyber threat intel program for digital asset firms
The US Treasury has created a program delivering real-time cyber threat intel to select digital asset firms. This initiative comes…
White House allies ramp up support for CLARITY Act ahead of Senate session
Officials linked to the White House are urging swift Senate action on the CLARITY Act this April. Key financial regulators…
Swiss banks launch pilot for Swiss franc stablecoin on Ethereum
Six Swiss banks are piloting a Swiss franc stablecoin on Ethereum in a long-term sandbox program. The initiative involves both…
Iran allows oil tankers to pay Hormuz Strait transit fees with Bitcoin amid sanctions
Iran now accepts Bitcoin for shipping fees through the Strait of Hormuz amid strict sanctions. Crypto adoption in Iran is…
Stablecoin payments projected to transform finance as volumes forecast to surge by 2035
A new report anticipates stablecoin usage to increase significantly driven by demographic and industry trends. Major financial firms and merchants…
WLFI token falls after partner controversy and treasury actions spark concerns
WLFI token dropped sharply after controversies involving both business partners and treasury operations. Investigations surfaced about WLFI's connections with partners…
Cryptocurrency card transaction volumes triple in March amid changing stablecoin landscape
Crypto card transaction volumes reached $600 million in March, up threefold year-on-year. USDT remains the market leader, but USDC use…
Stablecoins expected to play central role in global payments as adoption accelerates
Stablecoin transaction volumes could grow to $1.5 quadrillion worldwide within ten years. Generational shifts and new payment technologies are accelerating…
US Treasury unveils joint rule proposal for stablecoin issuers amid new regulatory framework
The US Treasury has proposed joint stablecoin rules to fight financial crime and support innovation. Only authorized and fully backed…
Ethereum Foundation converts 5,000 ETH to stablecoins after treasury policy update
The Ethereum Foundation is converting 5,000 ETH to stablecoins following a new treasury policy. The policy aims to secure operations…
US Treasury plans stricter oversight for stablecoin issuers amid efforts to combat financial crime
The US Treasury is drafting regulations to better supervise stablecoin issuers and address financial crime risks. New rules would require…
Circle launches new payment platform as part of stablecoin expansion strategy
Circle launched CPN Managed Payments to simplify stablecoin use for financial institutions. The platform handles all technical and regulatory aspects,…
White House report questions banking sector concerns over stablecoin yield restrictions
A White House report suggests banning stablecoin yields won't substantially boost bank lending. The findings challenge banks' arguments, indicating limited…
World Liberty Financial’s treasury draws attention after draining stablecoin pool on Dolomite
World Liberty Financial borrowed a major sum of USD1 stablecoin from Dolomite using its own tokens as collateral. This action…
