Stablecoin News

Bank Of England To Publish Stablecoin Consultation In November, Vows To “Keep Pace” With U.S.

The Bank of England (BoE) is getting ready to unveil its much-anticipated stablecoin regulatory framework in an effort to keep up with US advancements...

Mastercard Partners With Gemini & Ripple To Pilot RLUSD Stablecoin On XRP Ledger For Fiat Card Settlements

Mastercard, a major credit card company, is collaborating with Gemini and Ripple to investigate the use of RLUSD stablecoins on XRPL to settle fiat...

Coinbase In Final Talks To Acquire Stablecoin Infrastructure Startup BVNK For About $2B

The final phases of negotiations for Coinbase's acquisition of stablecoin infrastructure firm BVNK have begun. Bloomberg revealed on the 31st of October that Coinbase...

Global Regulators Weigh Overhaul Of Basel Crypto Rules For Banks As Stablecoin Surge Forces Rethink

Global authorities are in discussions about changing the regulations governing banks' cryptocurrency holdings, which are set to take effect next year. The US-led opposition...

U.S Senate Resumes Bipartisan Talks On CLARITY Act As Government Shutdown Reaches 31st Day

While Washington continues to be immobilised by a government shutdown that is currently in its 31st day, one of the longest in American history,...

Venezuelan Payment Giant Conexus Builds Platform To Bring Bitcoin And Stablecoins Into Local Banks

Conexus, a business that oversees a system that powers 40% of Venezuela's electronic transactions, is now conducting preliminary research and development for a platform...

Binance.US Denies Political Motive After Sen. Chris Murphy Calls USD1 Listing “Payback” For CZ Pardon

Binance.US  on Wednesday, defended its recent decision to list USD1, a stablecoin created by the Trump-affiliated World Liberty Financial, in response to a U.S....

Mastercard In Late-Stage Talks To Buy Zero Hash Dor $1.5–$2B As Stablecoin Payments Race Heats Up

As the race for stablecoin payments intensifies, Mastercard (MA) is allegedly considering acquiring blockchain infrastructure firm Zero Hash. According to individuals familiar with the situation,...

Visa To Support Four Stablecoins On Four Blockchains, Convertible Into 25+ Fiat Currencies

According to the CEO Ryan McInerney of payment giant Visa, the company plans to expand the ways payments may be resolved and money moved...

Japan Launches First Legally Recognised Yen Stablecoin JPYC, Trading Begins

JPYC Inc., a fintech company based in Japan, announced the introduction of JPYC, the first legally recognised stablecoin priced in yen. In addition to...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...