Hong Kong is advancing its stablecoin licensing framework, with new regulations set to take effect by August 1, 2025. Financial Secretary Paul Chan confirmed the timeline in a blog post published on June 15, aligning with earlier statements from...
Eddid Financial is ramping up efforts to advance stablecoin adoption following the Hong Kong Legislative Council’s recent approval of the Stablecoins Bill. This landmark legislation marks a significant step in the city’s commitment to regulating digital finance, establishing a...
Anthony Pompliano, one of the most prominent voices in the cryptocurrency space, is poised to lead a new Bitcoin-focused investment firm, ProCapBTC, which aims to raise $750 million amid renewed institutional interest and a more favourable U.S. regulatory climate....
GameStop Corp has increased its planned convertible note offering to $2.25 billion, up from an initial $1.75 billion announced earlier this week. The offering, targeting qualified institutional buyers under Rule 144A of the Securities Act, is expected to close...
Shopify is set to roll out stablecoin payment support for USD Coin (USDC) later this month, marking its most significant step into crypto integration to date. As first reported by Fortune on June 12, the e-commerce giant will enable...
JZXN Holdings Inc. has approved the issuance of convertible notes to finance a major expansion into digital assets, starting with an initial purchase of 23.5 Bitcoins. The move marks the formal kickoff of the company’s "Thousand Coins Plan," a...
PayPal is preparing to expand the utility of its U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), by launching it on the Stellar blockchain network pending regulatory approval from the New York State Department of Financial Services (NYDFS). This strategic move...
Ant International, the overseas arm of Jack Ma-backed Ant Group, is preparing to roll out stablecoin services across major Asian financial hubs, according to a Bloomberg report. The move represents a significant shift for one of the world’s largest...
Hyperion, the largest decentralized exchange (DEX) on the Aptos blockchain, has closed a strategic funding round led by OKX Ventures, with additional backing from Aptos Labs, Arthur Hayes’ Maelstrom, and Mirana Ventures. The funding injection is set to accelerate...
Reflexivity Research, a subsidiary of DeFi Technologies Inc., has entered into a strategic partnership with Beluga, a platform renowned for simplifying cryptocurrency content and education. This collaboration is designed to strengthen both companies' foothold in the digital asset ecosystem...
