Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during …
Stablecoins
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Finance
South Korea’s Largest Bank KB Kookmin Files Registration Application for Stablecoins! Here Are the Details
by shayaanby shayaanSouth Korea’s largest bank, KB Kookmin, has filed 17 different stablecoin-focused trademark applications in parallel with efforts to create the legal basis …
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Regulation
European Commission to ease rules on foreign stablecoins despite ECB opposition
by shayaanby shayaanThe European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to …
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Markets
SoFi to Launch Blockchain Remittances With Stablecoins as Crypto Returns to Platform
by shayaanby shayaanU.S.-based fintech platform SoFi (SOFI) said on Wednesday it will introduce international remittances through blockchain and stablecoins and allow users to invest …
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Finance
China Should Introduce Yuan Alternatives to Combat Dollarization Driven by Stablecoins
by shayaanby shayaanAccording to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a …
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Finance
Circle Started at Buy at Seaport Securities, Which Eyes $2T Opportunity in Stablecoins
by shayaanby shayaanRecently gone public stablecoin issuer Circle (CRCL) was started with a buy rating and $235 price target at Seaport Securities. The stablecoin …
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DeFi
Whale Moves Over $70 Million in Ethereum Staking and Stablecoins Signal Shifts in DeFi Liquidity
by shayaanby shayaanWhale moves $70M in staked ETH, ETH, and USDC, signaling major DeFi liquidity shifts. Large STETH transfers from minting address indicate active …
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The U.S. political landscape just turned pro-crypto — and it’s already making waves in the stablecoin market. Following Donald Trump’s win over …
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Finance
49% of Global Institutions Now Use Stablecoins, Fireblocks Survey Finds
by shayaanby shayaanAccording to Fireblocks’ newly released report, global financial institutions are actively adopting stablecoins as strategic tools for cross-border payments, market expansion, and …