Synthetic stablecoin issuer Ethena Labs has ceased operations in Germany, following regulatory concerns from BaFin regarding its USDe stablecoin product. The move follows a March order by the […]
Ethena Labs Withdraws From German Crypto Market After BaFin Concerns
Synthetic stablecoin developer Ethena Labs has closed its German operations less than a month after regulators flagged compliance issues with its USDe token. The decision follows an agreement […]
Stablecoin Market Expected to Surge Tenfold by 2028 Amid Regulatory Push
A new report from Standard Chartered Bank predicts a dramatic expansion in the stablecoin market, projecting a nearly tenfold increase in total supply by 2028. Currently at around […]
Ethena Labs Withdraws from Germany, Citing MiCA Regulatory Challenges
Ethena Labs has ended its plans to obtain EU authorization for its USDe stablecoin. The crypto startup is ceasing all operations in Germany, including its Ethena GMBH branch, […]
Stablecoins Power Crypto Market Growth Amidst Economic Uncertainty
Cryptocurrency markets are experiencing a surge in investor interest driven by stablecoin investments, capital flowing into the sector despite recent growth deceleration. This shift comes amidst economic uncertainties, […]
Giorgetti Calls US Stablecoin Policy a More Significant Threat to Europe’s Sovereignty Than Tariffs
Italy’s Economy Minister Giancarlo Giorgetti argues that the US policy on stablecoins poses a greater threat to European economic independence than trade tariffs. He believes that dollar-pegged stablecoins […]
IDA and AUDC Partner to Launch Stablecoin-Based Cross-Border Trade Initiative
Hong Kong-based fintech firm IDA and AUDC Pty Ltd have joined forces to launch a cross-border trade initiative leveraging a Hong Kong-Australia stablecoin. This collaboration aims to revolutionize […]
USD Alternatives Gain Ground as Trade Uncertainty Drives EURC Boom
The euro-based stablecoin market is seeing a surge in popularity as traders seek safer havens amidst ongoing trade uncertainties. Circle’s EURC, which has set a new all-time high […]
Tether Invests in Fizen: Fintech Platform Improves Access to Stablecoins
Tether, a leading stablecoin issuer, has made a strategic investment in Fizen, a fintech company specializing in self-custody crypto wallets and digital payments. While the financial details of […]
Only 11 Stablecoin Issuers Secure Approval Under MiCA’s First 100 Days
The European Union’s Markets in Crypto-Assets (MiCA) framework is making progress, with its regulatory reach now impacting all 27 EU member states. This landmark legislation has established a […]
Monerium Integrates Elliptic for Enhanced AML Compliance in Cross-Chain Stablecoin Ecosystem
Stablecoin issuer Monerium has expanded its compliance measures by partnering with blockchain analytics firm Elliptic to enhance real-time monitoring and anti-money laundering screening. This integration will enable Monerium […]
Stablecoin Flows Suggest Crypto Ecosystem Growth Continues
Despite a slowdown in overall growth, stablecoin inflows remain steady, indicating ongoing development within the cryptocurrency ecosystem, according to recent analysis by Matrixport. While these inflows are not […]
Tether CEO Meets US Lawmakers to Advocate for Stablecoin Regulation
In a meeting with U.S. lawmakers, Tether’s CEO Paolo Ardoino emphasized the importance of stablecoin regulation for global dollar adoption and financial inclusion. He highlighted the company’s growing […]
Governor Vetoes Stablecoin Bill in Northern Mariana Islands, Stifling Potential for First-Mover Advantage
The Northern Marianas Islands governor has vetoed a bill that would have allowed the local government of Tinian, a small island within the U.S. territory, to launch its […]
Northern Marianas Governor Vetoes Stablecoin Bill, Ending Local Currency Experiment
The governor of the Northern Mariana Islands has vetoed legislation that would have allowed one of the territory’s local governments to launch a US dollar-pegged stablecoin. The bill, […]