The Bank of Japan (BOJ) is paying closer attention to the economic benefits coming from the global artificial intelligence boom as it weighs the impact of higher energy prices on the country's economy. According to Bloomberg, one board...
Coinbase has formally established Luxembourg as its European crypto hub under the European Union’s Markets in Crypto-Assets (MiCA) framework, one year after receiving regulatory approval from the country's financial watchdog. The company confirmed that Coinbase Luxembourg S.A. will...
Japanese financial giant SBI Holdings has agreed to acquire crypto exchange Bitbank in a deal valued at 46.7 billion yen ($320 million), further growing its presence in Japan's digital asset market. According to the company, an SBI subsidiary...
USDGO has surpassed $700 million in circulation, reaching a new milestone as demand grows for regulated stablecoins used by businesses and financial institutions. The growth comes as companies increasingly use stablecoins for cross-border payments, treasury operations, liquidity management,...
Bahrain-based fintech company INFINIOS has entered a partnership with Circle to grow digital payment and treasury services across the Middle East and other international markets. Under the agreement, INFINIOS will add Circle's infrastructure, including the USDC and EURC...
South Korean chipmaker SK Hynix plans to raise up to 45.45 trillion won ($29.43 billion) through an American Depositary Receipt (ADR) listing on the Nasdaq, according to a regulatory filing released on June 24. The company intends to...
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...
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...
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...
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...
