Day: 24 June 2026

South Korean insurer Kyobo Life Insurance has completed a proof of concept (PoC) showing how a Korean won-backed stablecoin could be used to collect insurance premiums and process insurance payouts. The company announced on June 24 that it had successfully verified the technical feasibility of adding a KRW stablecoin into ...

Financial infrastructure provider OpenPayd has secured authorization under the European Union's Markets in Crypto-Assets (MiCA) framework, allowing the company to expand regulated stablecoin and digital asset services across the European Economic Area (EEA). The approval enables OpenPayd to operate as a regulated Crypto-Asset Service Provider (CASP) under a single European ...

Maryland State Delegate Adrian Boafo has won the Democratic primary for Maryland’s 5th Congressional District, securing victory for political groups backed by the cryptocurrency industry. The race was called by major election trackers after a crowded contest that featured more than 20 Democratic candidates. Boafo will now advance to the ...

Alchemy Pay has obtained a Money Transmitter License (MTL) in Illinois, adding another regulatory approval to its growing presence in the United States. The licence was issued by the Illinois Department of Financial and Professional Regulation (IDFPR) and allows the company to conduct money transmission activities involving both fiat currencies ...