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…
Stablecoin yield debate stalls $2 trillion market bill
💸 Debate over stablecoin yields holds up $2 trillion crypto bill. White House says stablecoins are no big threat to…
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…
Circle CEO: Unlikely for USDC to be used for Iran Strait transit, defends freeze policy after $285M hack
💥 Circle CEO: USDC is “highly unlikely” to be used for Iran’s Strait of Hormuz tolls due to strict compliance…
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…
Hürmüz closure sends oil soaring past $100 and stokes US inflation
Rising tensions with Iran and the closure of the Strait of Hormuz have pushed oil prices above $100 per barrel,…
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…
Stablecoin-based currency transactions gain ground in emerging economies amid narrowing spreads
Stablecoin transactions are gaining traction in emerging markets as pricing gaps continue to close. Latin America and East Africa are…
Treasury Secretary Bessent urges swift Senate action on CLARITY Act amid crypto uncertainty
US Treasury Secretary Scott Bessent has publicly called for immediate Senate action on the CLARITY Act, a bill designed to…
Banks remain cautious as stablecoin market experiences rapid growth
Stablecoin market growth is prompting banks to adopt cautious and deliberate strategies. Regulatory pressures and new competitors challenge traditional banking…
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…
Polygon Labs seeks funding for stablecoin payments business amid shifting crypto landscape
Polygon Labs is raising funds for a new stablecoin payments business amid evolving crypto conditions. Acquisitions of Coinme and Sequence…
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…
