Newly elected South Korean president Lee Jae-myung is actively advancing his campaign pledge to legalize stablecoins, aiming to stimulate the domestic crypto market. His party’s proposed Digital Asset […]
South Korea’s Ruling Party Unveils Proposal for Stablecoin Regulation
South Korea’s ruling party has proposed legislation aiming to allow for the issuance of stablecoins in the nation. The Digital Asset Basic Act, currently under consideration, would permit […]
South Korea Unveils Stablecoin Regulatory Framework
South Korea’s ruling party has proposed a landmark piece of legislation that will allow for the issuance of stablecoins within the nation. The Digital Asset Basic Act aims […]
Senate Approaching Vote on Stablecoin Regulation Act: GENIUS Act
A key vote is looming for legislation aimed at regulating stablecoins, known as the GENIUS Act. This act, spearheaded by Senator John Thune and backed by the Senate […]
Senate Approves GENIUS Act, Paves Way for Stablecoin Regulation
The US Senate has taken a decisive step towards regulating stablecoins by advancing the GENIUS Act. Senator John Thune, driving this legislation, filed a cloture motion earlier this […]
US Senate Advances GENIUS Act Towards Cloture Vote, Shaping Future of Stablecoins
The US Senate is poised to take action on stablecoin legislation with the upcoming vote on the GENIUS Act. This bill, spearheaded by Senators Bill Hagerty and John […]
Senate Republicans Aim to Pass Stablecoin Bill This Week
The U.S. Senate is aiming to pass a major stablecoin bill this week, according to news sources. Senate Majority Leader John Thune announced on Monday that his chamber […]
Senate to Vote on GENIUS Act: What it Means for Stablecoin Regulation
The U.S. Senate is set to vote on the GENIUS Act, legislation aiming to regulate stablecoins and potentially reshape the financial landscape for these digital assets. Senator John […]
Stablecoin Policy Focus: Building Trust for Digital Payments
Stablecoins are gaining traction as an alternative to traditional dollar-based payment systems, according to PANews reports from CITIC Securities. These ‘dual-faced’ currencies offer a blend of centralized and […]
Stablecoin Volume Reaches Record High of $33 Trillion
Stablecoins are surging in volume, exceeding even industry giants like PayPal and approaching the scale of traditional payment systems. Analysis shows stablecoin transactions now process over $33 trillion […]
Plasma Raises $500 Million in Record Time via Stablecoin Offering
A record-breaking fundraising event has occurred as Plasma secured $500 million through its XPL token sale on the Sonar platform, in just 40 minutes. Over 1,100 participant wallets […]
Ripple’s XRP to Remain as Bridge Currency, Stablecoin RLUSD Enhances Ecosystem
Ripple CTO David Schwartz has clarified that the company’s stablecoin project, RLUSD, will work alongside XRP rather than directly competing with it. This move underscores Ripple’s strategy of […]
Kyrgyzstan to Launch Gold-Backed Stablecoin USDKG in Q3 2025
Kyrgyzstan is set to launch its own digital currency, USDKG, pegged to the U.S. dollar and backed by physical gold reserves, in the third quarter of 2025. The […]
Chainlink Joins CBDC Pilot Project Connecting Hong Kong’s Digital Yuan to Australian Dollar Stablecoin
Chainlink has joined a pilot program connecting Hong Kong’s central bank digital currency (CBDC) with the Australian dollar stablecoin. This partnership is part of the second phase of […]
U.S. Stock Market: Mixed Opening with Tesla Slump and Stablecoin Surge
The U.S. stock market saw mixed results on opening day. The Dow Jones Industrial Average eked out a modest gain of 0.02%, while the S&P 500 rose by […]