China’s leading tech giants JD.com and Ant Group are actively lobbying Chinese regulators as part of a push to counter the U.S. …
Stablecoins
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Scams
Japan’s Minna Bank Explores Stablecoins on Solana in Fireblocks-Led Study
by shayaanby shayaanIn brief Minna Bank, Japan’s first digital-only bank, is piloting stablecoin and wallet use cases with Fireblocks, Solana Japan, and TIS. The …
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Markets
Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
by shayaanby shayaanU.S. Treasury Secretary Scott Bessent is confident that people around the world are going to choose stablecoins over central bank digital currencies …
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Regulation
South Korea halts CBDC plans, shifting focus to bank-led stablecoins
by shayaanby shayaanLocal reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus …
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Trump has come into office with a wrecking ball – and his acts of unpredictability, both domestically and abroad, have only hampered …
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Markets
Stablecoins Are the ‘Quiet Winners’ of Polymarket’s Surge: Coinbase Research
by shayaanby shayaanAs Polymarket seeks a $1 billion valuation in a Founders Fund-led round, the “quiet winners” may be the stablecoins underpinning its settlement …
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With the near-passage of the GENIUS Act and a host of companies announcing stablecoin initiatives, stablecoin-related assets have been on a tear. …
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Regulation
USD Stablecoins Could Flood Europe as US Legislation Forces EU’s Hand: Moody’s
by shayaanby shayaanDespite the protests of Europe’s top bank, the European Union is poised to soon greenlight the flow of stablecoins issued outside the …
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Markets
Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
by shayaanby shayaanGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during …
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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 …