Paxos Trust Company, the crypto infrastructure firm behind PayPal’s PYUSD stablecoin, has reignited its pursuit of a US national trust bank charter following the expiration of its initial approval in 2023. Originally granted conditional approval by the Office...
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 world of finance is undergoing a quiet revolution. For decades, traditional financial institutions, often called “TradFi”, have dominated global markets with established systems and time-tested processes. Yet, in recent years, a new wave of innovation has begun...
Institutional investors are increasingly favouring Ethereum treasury companies over US spot Ethereum exchange-traded funds (ETFs), according to Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick. Kendrick argues that companies like Sharplink Gaming (NASDAQ: SBET) provide better exposure...
South Korean digital banking leader KakaoBank is actively preparing to enter the stablecoin market, signaling a major strategic move as the country ushers in a new regulatory era for cryptocurrencies. The bank aims to offer services related to...
China is taking a significant step into the digital currency arena by preparing to launch its first stablecoins through Hong Kong. This move reflects a strategic effort by Beijing to reduce dependence on the U.S. dollar and strengthen...
The White House is preparing an executive order designed to penalize banks that cut off services to customers because of their political beliefs or associations with cryptocurrency, according to draft documents and multiple news reports. The move comes...
Verb Technology Company, Inc. (Nasdaq: VERB) announced a significant strategic shift by raising approximately $558 million through an oversubscribed private placement. This funding round sets the stage for the company’s rebranding to TON Strategy Co. (TSC) and its...
Phantom has expanded its capabilities through the acquisition of Solsniper, a rapidly growing meme coin trading platform on Solana. This move strategically positions Phantom to offer enhanced trading experiences and deeper engagement with the vibrant meme coin community...
The European Central Bank (ECB) has confirmed that physical cash will continue to play an essential role alongside the growing use of digital payments in Europe. Despite the rapid increase in electronic payment methods, the ECB reassures the...
