A new blockchain network backed by crypto exchange Bitfinex and Tether is launching with a focus on serving institutional finance. This novel solution utilizes the stablecoin USDT to […]
Tether’s USDT Adoption Booms in Bolivian Commerce
In Bolivia, Tether’s stablecoin USDT is experiencing significant adoption for retail transactions. The move reflects a growing reliance on digital dollars to navigate economic volatility and create stability […]
Arca Sells Circle Holdings Amidst IPO Allocation Dispute
Crypto investment firm Arca has divested its Circle holdings, citing concerns over the company’s initial public offering (IPO) allocation strategy. The move follows a minimal allocation to Arca […]
Kim Yong-beom Appointed Chief Policy Officer: Implications for Korea’s Crypto Future
President Lee Jae-myung has appointed Kim Yong-beom as Korea’s new Chief Policy Officer, marking a significant move towards integrating digital assets into the country’s economic structure. This appointment […]
ARK Invest Invests $373 Million in Circle on IPO Day
ARK Invest made a major investment in Circle during its highly successful initial public offering (IPO). The firm committed a significant sum of $373.4 million, signifying its confidence […]
Stablecoins Spark Global Debate as They Challenge Central Bank Power
The rise of stablecoins has triggered concerns among global policymakers, particularly in developing nations. Gita Gopinath, Deputy Director of the International Monetary Fund (IMF), highlights how these digital […]
Stablecoins Surge: Impact on Global Finance Unfolding
The landscape of global finance is undergoing a shift as stablecoins, digital assets pegged to traditional currencies, gain significant traction. Gita Gopinath, Deputy Director of the International Monetary […]
Circle Embraces Collaboration Over Competition in Public Listing
Circle has announced its plans to go public, a strategic move driven by the company’s commitment to transparency and collaboration with traditional financial institutions. The decision aims to […]
Tech Giants Explore Stablecoin Payments: A Potential Revolution in Global Transactions
Major tech companies like Apple, Google, and Uber are at the forefront of a new wave of stablecoin integration within their payment systems. This move could reshape how […]
Hong Kong to Regulate Stablecoins by 2025, Setting New Asia-Pacific Benchmark
Hong Kong is taking a pioneering step in the stablecoin market with its new regulation set for August 1, 2025. This ordinance mandates licensing for all stablecoin issuers […]
Hong Kong’s Stablecoin Ordinance to Launch in 2025
Hong Kong is set to implement its comprehensive Stablecoin Ordinance starting August 1, 2025. This ordinance will regulate Hong Kong Dollar (HKD)-denominated stablecoins and impact the industry.
Hong Kong’s Stablecoin Ordinance Takes Effect in August 2025
Hong Kong is preparing to launch its new Stablecoin Ordinance on August 1, 2025, marking a significant step forward in the development of its digital asset ecosystem. This […]
Big Tech Bets Big on Stablecoins: Reshaping Global Payments
Tech giants like Apple, Google, Uber, Airbnb, and X are quietly exploring stablecoins as potential game-changers for global payments. This shift is fueled by the growing popularity of […]
Deutsche Bank Embraces Stablecoins Amidst US Regulatory Push
German financial giant Deutsche Bank is set to integrate stablecoins and tokenized deposits into its payment infrastructure. This strategic shift comes as the U.S. Congress actively debates the […]
Circle IPO Fuels Stablecoin Interest in Financial Markets
Circle’s recent successful initial public offering (IPO) has significantly boosted the profile of stablecoins within financial markets. Institutional investors, including BlackRock and ARK Investment Management, have been drawn […]