Cryptocurrency Market

  • Market Cap: $2,380,762,803,411.86
  • 24h Vol: $53,619,083,730.83
  • BTC Dominance: 56.59%

Stablecoin

tether-partners-with-crypto-firm-to-boost-blockchain-education-in-south-africa

Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa

Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust in Digital Financial Solutions Stablecoin issuer Tether Holdings Ltd. partnered with Xion Global to […]

Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa Read More »

canza-finance-partners-with-stablecoin-issuer-to-bring-efficient-financial-solutions-to-africa

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD stablecoin. Boosting RWA and Defi Adoption Africa-focused fintech firm Canza

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa Read More »

finma-warns-stablecoins-threaten-swiss-financial-reputation

FINMA Warns Stablecoins Threaten Swiss Financial Reputation

The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin Issuers as Financial Intermediaries The Swiss regulator, the Financial Market Supervisory Authority (FINMA), has recently

FINMA Warns Stablecoins Threaten Swiss Financial Reputation Read More »

south-african-startup-neonomad-to-launch-rand-backed-stablecoin

South African Startup Neonomad to Launch Rand-Backed Stablecoin

Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple offerings, including in the decentralized finance space. Banking South Africa’s Unbanked South African fintech startup Neonomad,

South African Startup Neonomad to Launch Rand-Backed Stablecoin Read More »

hong-kong-regulators-say-proposed-stablecoin-regulation-has-received-positive-stakeholder-feedback

Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong

Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback Read More »

standard-chartered,-animoca-brands,-and-hkt-join-forces-on-hong-kong’s-stablecoin-sandbox

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox

Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims to promote sustainable and transparent growth in the digital asset market. Zodia is Standard Chartered’s

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox Read More »

australian-bank-halts-development-of-eth-based-stablecoin

Australian Bank Halts Development of ETH-Based Stablecoin

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently

Australian Bank Halts Development of ETH-Based Stablecoin Read More »

microstrategy-founder-michael-saylor-to-argentines:-‘you-need-bitcoin’-—-critics-insist-btc-is-too-volatile

Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile

Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable alternative for the faltering local currency. The Dollarization Option As the Argentinian currency — the peso

Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile Read More »

do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »