In 2019, Meta initiated a high-profile cryptocurrency project aiming to develop a digital currency that could function across its platforms, including Facebook and WhatsApp. Despite the ambitious vision, the project was halted due to substantial regulatory pushback. However, recent developments…
Search Results For: Stablecoin
Trump family tied to $2B crypto deal using their stablecoin
The latest developments in the cryptocurrency space reveal an intricate web of transactions and business strategies involving former U.S. President Donald Trump and his family. With stablecoins becoming a lucrative financial instrument, the Trump family’s involvement in this sector is…
Will Visa launch stablecoin payments in Latin America?
Visa is expanding its presence in the digital payments space with a new product designed to enable stablecoin payments across six countries in Latin America. This move, made in collaboration with Bridge, a Stripe-owned company, illustrates a growing interest in…
Stablecoins $205 Billion Market What’s Next for Global Payments
Stablecoins are becoming an important part of the cryptocurrency world, designed to hold a stable value tied to traditional currencies. These digital tokens have gained interest from financial institutions and technology companies. As the need for efficient and reliable payment…
Are Banks Turning to Stablecoins for Digital Payment Solutions?
Stablecoins are becoming an important part of how banks approach digital currencies and blockchain technology. These digital tokens, tied to fiat currencies, offer a way to bridge traditional banking with emerging financial systems. As regulations evolve and customer interest grows,…
Ex-SoftBank Exec Akshay Naheta Plans Stake Sale in Stablecoin Firm
Akshay Naheta, a former SoftBank executive, has shifted his focus to blockchain technology by co-founding Distributed Technologies Research Ltd. The company specializes in stablecoin-based payment solutions for cross-border transactions. Naheta’s work reflects a steady interest in applying financial expertise to…
Why Is Gulf Bank Raising $50 Million for Stablecoin Deals?
Singapore Gulf Bank is gaining momentum as a key player in the financial sector, leveraging strategic investments and innovative approaches to establish its presence in the Middle East and beyond. Recent developments highlight its ambitious growth plans, including funding initiatives…
Stablecoin Firm BVNK Plans Funding Round After Stripe Acquisition
Stablecoin payments are gaining attention as a practical solution for modern financial transactions, and BVNK has become a key participant in this space. Founded in 2021, the company processes $8 billion annually and holds licenses in several countries, including the…
Tether Stablecoin: “Every Stablecoin Issuer Will Face Regulatory Issues If They Succeed,” Says Joshua Garcia of Ketsal
Joshua Garcia, partner at compliance advisory firm Ketsal, recently weighed in on the Tether Stablecoin regulatory challenges and growing scrutiny from global and U.S. authorities. Speaking with Crypto World’s Jordan Smith, Garcia broke down the regulatory landscape for stablecoins, the…
Why Did Circle Raise Fees Amid 70% Stablecoin Market Dominance?
Circle Internet Financial Ltd., has recently undergone notable changes impacting the fees for redeeming USDC, its widely-used stablecoin. The latest restructuring in Circle’s redemption policies reveals strategic adjustments designed to align the platform more closely with global liquidity needs while…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
