Business
ASIC Finalizes Exemptions to Boost Stablecoin and Wrapped Token Distribution
Australia’s securities regulator has finalized a set of exemptions designed to make it easier for businesses to distribute stablecoins and…
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stablecoin
Culture
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance The ability of Tether’s USDT…
Culture
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Culture
UK targets end-2026 for stablecoin rules to keep pace with US
The Bank of England (BOE) is aiming to have new stablecoin regulations in place by the end of next year, as policymakers around the world…
Culture
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1,…
Culture
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Culture
First Hong Kong stablecoin licences may be issued early next year, HKMA says
The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong Monetary Authority (HKMA)…
Culture
Trump signs stablecoin law as crypto industry aims for mainstream adoption
US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a…
Culture
Citigroup looks to issue its own stablecoin to smooth payments
Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to…
Culture
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain…
Culture
Circle gets buy rating after Senate passes stablecoin bill
The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month Circle Internet Group’s…
Culture
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Culture
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Culture
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Culture
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion…
Culture
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up…
Culture
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now…
Culture
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next…