Ant Group bought a 50.55% stake in Hong Kong broker Yau Choy Securities for about $360M, reshaping its board as it quietly …
Stablecoin
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Former a16z crypto investor Sam Broner has raised $10 million to launch The Better Money Company, a startup aiming to become a …
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Finance
Stablecoin Market Drops $1.04B This Week as USDC Leads Outflows While USDT Holds 58% Dominance
by shayaanby shayaanThe latest figures from defillama.com show the fiat-pegged token economy pulled back over the past week, shedding $1.04 billion since March 21. …
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Markets
No one is 100% happy with the stablecoin yield agreement: State of Crypto
by shayaanby shayaanThe crypto and banking industries saw Senators Alsobrooks and Tillis’ agreement-in-principle for stablecoin yield. www.coindesk.com
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Markets
Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges
by shayaanby shayaanStraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an …
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Markets
Why Mastercard paid double for stablecoin infrastructure it could have built
by shayaanby shayaanThe credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could. …
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Regulation
Coinbase standoff over stablecoin reward CLARITY is now holding up rules for the entire US crypto market
by shayaanby shayaanThe stablecoin yield fight has once again consumed the CLARITY Act debate on Capitol Hill, and the cost of that consumption is …
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Finance
Won Stablecoin Consortium Gains Momentum as South Korean Agricultural Cooperatives Consider Strategic Entry
by shayaanby shayaanSEOUL, South Korea – Major agricultural financial institutions are now evaluating participation in South Korea’s emerging won stablecoin ecosystem, signaling a significant …
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As discussions continue in the US regarding the draft Clarity Act, which is expected to shape the cryptocurrency market, the issue of …
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Regulation
Senate Stablecoin Deal Bans Yield but Hands 3 Agencies Power to Define “Rewards”
by shayaanby shayaanThe Senate’s latest CLARITY Act compromise reportedly bans platforms from offering yield on stablecoin holdings while tasking three federal agencies with defining …