The Monetary Authority of Singapore announced that Bank Negara Malaysia and the Bank of Thailand have joined the Borderless, Liquid, Open, Online, Multi-currency initiative, known as BLOOM, as policymaker members.…
HSBC has officially launched HSBC RedCoin (Ticker: RCHKD), marking the financial institution's first stablecoin, which is now available on its PayMe platform. Pegged to the Hong Kong Dollar and underpinned…
French lawmakers have narrowly approved a proposal to tax capital gains when investors swap cryptocurrency for stablecoins, moving the transactions closer to being included under the country’s 31.4% capital gains…
Mastercard has announced the launch of Stablecoin Security, a new risk intelligence solution designed to enable safer stablecoin payments for financial institutions. Unveiled at Money20/20 USA, the solution combines traditional…
The European Banking Authority has classified USDC, issued by Circle Internet Financial Europe SAS, as a significant e-money token under the Markets in Crypto Assets regulation. The decision follows an…
Payments giant Stripe is preparing a massive global expansion for its stablecoin card business, aiming to roll out programs to more than 100 countries by the end of the year.…
Cryptocurrency exchange Binance has acquired a $100 million equity stake in Circle Internet Financial as part of a broadened five-year commercial deal to promote the USDC stablecoin. According to a…
Circle Mint LLC has announced the launch of Digital Asset-Backed Borrowing (DABB), a new capability enabling eligible institutional customers to access USDC stablecoin liquidity using bitcoin (BTC) as collateral. The…
World, the identity-focused cryptocurrency initiative formerly known as Worldcoin, has officially rolled out a self-custodial financial "super app" named World Money across more than 150 countries. Developed under Tools for…
London-based payments startup Velocity has expanded its Series A funding round to $48 million following a fresh $10 million capital injection from high-profile industry investors. The latest extension features backing…