Tether has decided to stop issuing its offshore yuan pegged stablecoin CNHT after new regulatory changes in China made privately issued yuan based digital currencies increasingly difficult to operate. The…
Efforts to pass a major cryptocurrency regulation bill in the United States have encountered a new political deadlock, raising uncertainty about whether the legislation will be approved this year. Negotiations…
Russian policymakers are preparing new legislation focused specifically on stablecoins as the country accelerates efforts to regulate digital assets and expand the role of blockchain based finance. Officials from the…
South Korea’s financial sector is moving deeper into digital payments as one of the country’s largest financial institutions begins testing stablecoin based transactions for everyday purchases. Hana Financial Group has…
Global remittance giant Western Union is preparing to launch a new stablecoin designed to connect traditional money transfer services with blockchain based payments. The digital token, known as the U.S.…
ZeroHash, a Chicago based digital asset infrastructure provider, has submitted an application for a national trust bank charter in the United States as part of its strategy to expand regulated…
The debate over stablecoin regulation in the United States intensified this week after Eric Trump, co founder of digital asset firm World Liberty Financial, publicly criticized major American banks for…
Bitcoin’s recent rally slowed during Thursday trading as the cryptocurrency pulled back toward the seventy one thousand dollar range after briefly approaching seventy four thousand dollars earlier in the week.…
Intercontinental Exchange, the parent company of the New York Stock Exchange, has entered into a major strategic partnership with cryptocurrency exchange OKX in a move that signals deeper collaboration between…
Financial institutions around the world are preparing for a major transformation in how collateral is managed and exchanged across capital markets. A recent industry survey indicates that more than half…