Hong Kong vibrant financial ecosystem is undergoing a transformative shift, as the city embraces the potential of stablecoins to drive the next wave of digital asset innovation. With the introduction of a comprehensive licensing regime for stablecoin issuers, the city…
SEC Stablecoin Probe Ends Marking Major Win for Crypto
As the crypto industry evolves, the quest for regulatory clarity regarding SEC stablecoin remains paramount. A recent decision by the Securities and Exchange Commission (SEC) to end its investigation into New York stablecoin issuer Paxos suggests that stablecoins, typically pegged…
PayPal Expands Stablecoin PYUSD to Solana Blockchain
PayPal Holdings Inc., continues to innovate within the financial sector. Recently, the company expanded its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. This move marks a significant step in the evolution of digital payments, as PayPal seeks to leverage…
Deutsche Bank Reveals 14% Currency Peg Survival Rate Signals Stablecoin Risks
In a study recently conducted by analysts at Deutsche Bank Research, a comprehensive analysis of 334 currency pegs since the year 1800 has revealed a startling truth: only 14% of these pegs have managed to survive the test of time.…
SEC Targets Ripple Stablecoin as Unregistered Crypto Asset in Ongoing Legal Battle
The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…
Visa and Allium Labs Report Indicates Over 90% of Stablecoin Transactions May Not Involve Real Users
Stablecoins, a type of cryptocurrency pegged to an underlying asset like the U.S. dollar, have garnered significant attention in recent years. Proponents argue that stablecoins have the potential to revolutionize the payments industry, offering fast, low-cost transactions. However, a new…
Stripe Brings Back Crypto Payments with Stablecoins Offering Enhanced Speed and Stability
Stripe Inc., the renowned payments processing company, is making headlines in the world of cryptocurrency by reintroducing crypto payments on its platform. This move allows merchants using Stripe’s platform to accept stablecoins for online transactions, bringing a new level of…
Stablecoin Bill Gains Unexpected Support from Senate Chair Sherrod Brown
Sherrod Brown, the Senate Banking Committee chairman and a known critic of cryptocurrencies, has expressed openness to advancing a long-delayed bid for stablecoin legislation. This unexpected support from Brown, a Democrat representing Ohio, has the potential to significantly enhance the…
FDUSD Stablecoin Launches on Sui Network Through First Digital Labs
In the realm of cryptocurrencies, stability and reliability are crucial factors that users seek in order to navigate the volatile landscape. First Digital Labs, a force in the blockchain industry, is set to introduce FDUSD, the first native, non-wrapped stablecoin…
Sony Bank Embarks on Stablecoin Trial Using Polygon Blockchain
Sony Bank, the banking and financial arm of the renowned Japanese technology conglomerate, has taken an innovative step forward by initiating a proof-of-concept to issue its own fiat-pegged stablecoin on the Polygon blockchain. This move comes as part of Sony’s…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
