Tag: stablecoin

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South Korea Moves Toward Crypto Adoption Beyond Election Results

Both presidential candidates back spot crypto ETFs and relaxed regulations. FSC lifts institutional trading ban, allows nonprofits to trade crypto. Lee proposes a...

Spain’s Largest Bank Banco Santander Plans Stablecoin Launch

Banco Santander plans euro and dollar stablecoins for Latin America. Openbank seeks EU license to launch crypto services for clients. Global banks increasingly...

Hong Kong Approves Stablecoin Bill, Paving Way for Web3 Growth

Hong Kong passes Stablecoin Bill, requiring licenses for all issuers. Only licensed firms may issue or promote stablecoins to investors. New rules mandate...

GENIUS Act Advances as Senate Momentum Builds Stronger

A 3/4 Senate pushes with the stablecoin GENIUS Act. Bill gains bipartisan support with 16 Democrats voting yes.  Revised GENIUS Act addresses Big...

MoonPay and Mastercard Partner on Stablecoin Payments

MoonPay and Mastercard launch stablecoin-powered virtual cards for global payments. Crypto wallets evolve into digital bank accounts for freelancers and creators. Mastercard supports...

Brazil Proposes Tight Controls on Stablecoin Transfers

Brazil plans to restrict stablecoin transfers to domestic crypto wallets only. Central Bank proposes tighter crypto rules to safeguard financial system stability. Coinbase...

CryptoQuant CEO Warns of the Rise of “Dark Stablecoins”

Ki Young Ju warns of rising demand for “Dark Stablecoins” CryptoQuant CEO predicts growth of algorithmic and unregulated stablecoins USDT could be classified...

Trump-Backed WLFI Secures Strong Backing for USD1 Airdrop Test

WLFI’s USD1 airdrop vote secures 99.97% approval from $WLFI holders.  USD1 stablecoin backed by U.S. Treasuries gains market traction.  WLFI raised $550M from...

PayPal Crypto PYUSD Surges with SEC’s Nod and Coinbase Deal

SEC’s decision lifts uncertainty around PYUSD. PYUSD eyes competition with USDT and USDC Stablecoins are gaining traction for payments and value storage. The SEC...

Abu Dhabi Set to Launch Dirham-Backed Stablecoin Soon

Stablecoin to operate on UAE-developed ADI blockchain.  ADI blockchain ensures secure, compliant digital transactions. A new stablecoin pertaining to the UAE dirham stands ready...

Stripe Set to Launch Long-Awaited Stablecoin Product

Stripe to launch stablecoin product after acquiring Bridge for $1.1B. New stablecoin service targets users outside U.S., EU, and U.K. Stripe, a global payments...

Coinbase Expands Partnership with PayPal to Promote PYUSD Stablecoin

Coinbase enables free USD to PYUSD conversions to boost stablecoin adoption Stablecoin transactions surge 250% on Coinbase amid growing everyday use Coinbase has announced...