Day: 29 July 2025

PRNewswire, PRNewswire, 29th July 2025, Chainwire

China’s e-commerce heavyweight JD.com has taken strategic steps toward launching a stablecoin, just days before Hong Kong's new regulatory framework for stablecoin issuers comes into force. According to a Tuesday report by Hong Kong-based outlet Ming Pao, JD.com—often dubbed the "Amazon of China"—has registered two stablecoin-related entities: Jcoin and Joycoin. ...

The Hong Kong Monetary Authority (HKMA) has officially rolled out its regulatory framework for stablecoin issuers, marking a major step in the city's effort to regulate digital assets. The new rules will take effect on August 1, according to documents released Tuesday by the city’s de facto central bank. Source: ...

Miami, Florida, 29th July 2025, Chainwire

FIS has announced a partnership with Circle to integrate USDC into its Money Movement Hub. This collaboration will enable U.S. financial institutions to provide domestic and cross-border payments in USDC, aligning traditional banking infrastructure with blockchain-based settlement in a regulated environment. The announcement comes shortly after the passage of the ...

PayPal has introduced “Pay with Crypto,” a payment solution aimed at transforming global commerce by allowing merchants to accept cryptocurrency with near-instant settlement and significantly reduced fees. The service connects over 100 cryptocurrencies and major wallets such as Coinbase and MetaMask, cutting transaction costs by up to 90 percent compared ...

MetaMask has launched a new feature aimed at stablecoin holders seeking passive income opportunities. On July 28, the platform rolled out “Stablecoin Earn,” a yield-generating service available directly through the MetaMask mobile app. According to the official announcement on X, the new product allows users to deposit major stablecoins — ...

Bitmain is preparing to launch its first manufacturing plant in the United States, marking a significant shift in the global crypto hardware supply chain. According to a Bloomberg report published Tuesday, the China-based firm aims to begin chip production at the facility by early 2026, with full-scale operations expected before ...

Bakkt Holdings Inc., is taking a decisive step to streamline its operations by offloading its loyalty services business as it sharpens its focus on core crypto infrastructure and stablecoin payments. On Monday, the company announced an agreement to sell the loyalty arm—which enabled clients to offer travel and merchandise rewards—to ...

Synagistics Limited has launched Synagistics Digital Finance Group (SDFG), a new division focused on developing interoperable multi-currency stablecoins and real-world asset tokenization solutions to accelerate Asia’s digital finance infrastructure, according to Hong Kong Business. The initiative marks Synagistics’ entry into programmable finance, targeting the seamless settlement of tokenized assets such ...