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Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Bitfinex Derivatives to integrate with Thalex crypto exchange
17.7.2024
Bitfinex Derivatives partners with Thalex to offer enhanced options and futures trading, reducing onboarding friction
Bitfinex Derivatives to integrate with Thalex crypto exchange
17.7.2024
Bitfinex Derivatives partners with Thalex to offer enhanced options and futures trading, reducing onboarding friction
Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding
17.7.2024
On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act. According to a police spokesman, some...
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
16.7.2024
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks....
EU Stripe clients now have crypto purchasing power: Report
16.7.2024
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards
Tether hires Chainalysis’ chief economist for USDT usage reports
15.7.2024
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators
Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M
14.7.2024
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0 Stablecoin and USD0++ Liquid Bond According to...
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could see a three-fold increase during the next two years, but user experience remains the biggest challenge
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
11.7.2024
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning...
Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation
11.7.2024
The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discussion with the relevant actors of the market...
Terraform Labs to sell 4 companies as part of wind-down
11.7.2024
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
10.7.2024
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Holdings and RockTree Capital, the round signifies strong investor...
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
8.7.2024
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said
Justin Sun Developing Gasless Transaction Stablecoin Solution for Tron and EVM Chains
7.7.2024
Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having the opportunity to pay for these. The service...
Tron develops gas-free stablecoin for Ethereum and Tron chains
7.7.2024
Tron’s founder Justin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level
Tron is building a gas-free stablecoin solution for Tron, Ethereum chains
7.7.2024
Tron’s founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
4.7.2024
Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities....