Day: 12 August 2025

Kakao Advances Korean Won Stablecoin on Kaia Blockchain Amid Regulatory Challenges

Kakao is preparing to launch a Korean won (KRW)-pegged stablecoin on the Kaia blockchain, marking a strategic step toward expanding decentralized finance (DeFi) within its vast ecosystem. The move follows the recent registration of four trademarks relating to the KRW stablecoin, including names such as “KRWGlobal” and “KRWKaia,” signaling Kakao’s ...

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Clearpool, Cicada Team Up to Expand Stablecoin Credit and Risk-Managed Lending

Clearpool has entered a strategic partnership with Cicada Partners to strengthen institutional access to Payment Financing (PayFi) within the stablecoin economy. The collaboration will see Cicada, an on-chain credit risk advisory and management firm  handle underwriting, structuring, and active oversight of Credit Pools through Clearpool’s Port Vaults. Cicada’s role includes ...

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Crypto Debit Cards in Australia: A Step Towards Financial Innovation or a Regulatory Challenge?

Australia has seen significant growth in the adoption of crypto debit cards, with platforms like Coinbase, Crypto.com, CoinJar, and Wirex leading the charge. These cards bridge the gap between traditional and digital finance by allowing users to spend digital currencies like Bitcoin and Ether. Essentially, they act like conventional debit ...

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Heritage Distilling to Hold $360M in Story Protocol Tokens, Pioneering Blockchain IP as Corporate Reserves

Heritage Distilling Holding Company (Nasdaq: CASK) is set to become the first publicly traded U.S. firm to use a blockchain-based intellectual property asset as its primary treasury reserve. The Washington-based distiller announced on August 11 that it will hold roughly $360 million worth of Story Protocol’s native IP tokens following ...

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