The Government of Pakistan has officially signed a memorandum of understanding (MoU) with SC Financial Technologies, an affiliate of World Liberty Financial (WLF), to explore the integration of the USD1…
Bank of America CEO Warns Proposed Stablecoin Shift Could Drain $6 Trillion From U.S. Banking System
Bank of America CEO Brian Moynihan issued a warning during a Wednesday earnings call, stating that as much as $6 trillion in deposits could potentially exit the U.S. banking system…
Strategy increased its Bitcoin holdings last week, acquiring 13,627 BTC for approximately $1.25 billion. According to an 8-K filing with the Securities and Exchange Commission, the purchases were made between…
VelaFi, a stablecoin-focused financial infrastructure provider under Galactic Holdings, has secured $20 million in a Series B funding round. The investment was led by XVC and Ikuyo, with significant participation…
Ripple, the blockchain-based digital payment network, has officially secured registration with the United Kingdom’s Financial Conduct Authority (FCA). The approval, granted to the company’s local subsidiary, Ripple Markets UK Ltd.,…
The United Kingdom’s Financial Conduct Authority (FCA) has officially established a formal timeline for the regulation of crypto assets, providing a definitive roadmap for firms to secure authorization or face…
Vietnam is moving to formalize its rapidly expanding cryptocurrency sector with a high-speed regulatory overhaul led by Prime Minister Pham Minh Chinh. During a national online conference on January 6,…
World Liberty Financial (WLFI), the decentralized finance protocol co-founded by President Donald Trump and his family, announced Wednesday that it has filed a formal application with federal regulators to establish…
The Ugandan government has entered a high-stakes technical standoff with the developers of Bitchat, a decentralized messaging application, as national elections approach. Nyombi Thembo, the Executive Director of the Uganda…
Barclays has made its first direct capital investment into the stablecoin sector, acquiring a stake in Ubyx, a U.S.-based startup building settlement infrastructure for digital assets.
The deal, reported Wednesday by…