South Korea’s ruling Democratic Party has ramped up pressure on financial authorities, issuing an ultimatum to the Financial Services Commission (FSC) to accelerate legislation governing the domestic stablecoin market.
According to…
Animoca Brands, a leading venture capital firm in the crypto and Web3 space, is preparing to significantly broaden its focus in the coming year, concentrating on stablecoin issuance and real-world…
Japan's Financial Services Agency (FSA) is moving to significantly bolster user protection within the domestic cryptocurrency market, with plans to mandate that local exchanges establish dedicated liability reserve funds, Coindesk…
Payments giant Visa and remittance leader Western Union are significantly expanding their embrace of digital assets, announcing separate initiatives to leverage stablecoins for faster, cheaper cross-border money movement.
At the Web…
Japan's financial watchdog, the Financial Services Agency (FSA), has officially endorsed a major stablecoin pilot project involving the country's three largest financial institutions—Mizuho Bank, MUFG, and SMBC—as part of a…
The Canadian government has unveiled plans to establish a dedicated regulatory framework for fiat-pegged stablecoins in its 2025 federal budget. This move is aimed at promoting secure innovation and protecting…
Global financial technology firm Revolut has eliminated all fees and spreads for conversions between the U.S. Dollar (USD) and two major stablecoins, USDT and USDC. The move allows Revolut’s 65 million…
Australia's financial regulator, the Australian Securities and Investments Commission (ASIC), has released updated guidance clarifying that existing financial services laws now apply to a broader range of digital assets. In…
Japanese fintech firm JPYC Inc. officially launched JPYC, which it calls the country's first legally recognized yen-denominated stablecoin, with trading beginning Monday local time, it said in a press statement.
JPYC…
Japan's three megabanks are uniting to launch stablecoins pegged to both the Japanese yen and the US dollar, signaling a major move into tokenized fiat rails as global interest surges.
According…