Stablecoin News

South Korean Banks Accelerate Towards Developing Crypto and Stablecoin Services Ahead of Legal Overhaul

South Korea's biggest banking groups are racing to develop and launch crypto and stablecoin services in anticipation of a sweeping legislative transformation. Banks, according to...

Visa & Mastercard Say Stablecoins Aren’t A Threat As Competition Grows And New Rules Loom

Visa and Mastercard executives spoke on their quarterly earnings calls and downplayed the threat posed by dollar-pegged stablecoins. They made their comments after Congress...

Hong Kong’s “Stablecoin Ordinance Draft” Takes Legal Effect On August 1st

The much-anticipated "Stablecoin Bill" in Hong Kong came into legal effect earlier today on August 1st, 2025, marking an important milestone in the city's...

DWS, Flow Traders, and Galaxy Digital-Backed Venture Announce Launch of New $EURAU Stablecoin

In a major milestone in the European crypto space, AllUnity, a venture backed by Deutsche Bank's DWS Group, Dutch market maker Flow Traders, and...

China’s JD.com Signals Entry into the Stablecoin Market by Registering Jcoin and Joycoin Entities

JD.com, China's retail giant, took a giant step towards joining the digital currency space with the registration of two new entities, Jcoin and Joycoin,...

South Korea’s Political Divide Deepens as Ruling and Opposition Parties Disagree on Stablecoin Regulatory Framework

South Korea's political divide is growing as the government-aligned People Power Party and opposition Democratic Party submitted competing bills on stablecoin regulation this week. The...

Interactive Brokers Weighs Launching Customer Stablecoin Amid Crypto Regulatory Easing

Interactive Brokers Group is weighing the launch of its stablecoin in July 2025 as U.S. regulators loosen rules on crypto, founder Thomas Peterffy told Reuters...

Nigerian Securities and Exchange Commission Signals Openness to Stablecoins Despite Recent Crackdown on Binance

In a significant policy shift, Nigeria's Securities and Exchange Commission (SEC) has signaled openness to stablecoin firms barely a year after the country's sweeping...

Tether Helps U.S. Authorities Freeze $1.6M In Gaza Terror-Linked Funds

Tether, the company behind the popular USDT stablecoin, said it worked with U.S. investigators to freeze and reissue about $1.6 million tied to a Gaza-based...

Polymarket Plans to Launch a Stablecoin to Generate Yield on USDC Holdings

Polymarket, the blockchain-based prediction market platform, is planning to launch its own stablecoin to capitalize on the massive pools of USDC that are used...
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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...