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Xion Announces Test Network Focused on Simplifying Web3 User Experience
The blockchain network that uses USDC stablecoin as a payment method in its ecosystem, Xion, announced the launch of a test network
Dec 8, 20231 min read


Kenya passes a bill to regulate and tax crypto, aiming to provide clarity
Kenya is set to usher in a new era by introducing the Capital Markets (Amendment) Bill, 2023.
Dec 6, 20231 min read

Binance Announces Plans To Phase Out BUSD By December-End
Binance has announced plans to end support and phase out the Binance USD (BUSD) stablecoin by the end of December.
Nov 30, 20231 min read


Paxos gets the greenlight to issue stablecoins in Abu Dhabi
Stablecoin issuer Paxos has received in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dha
Nov 30, 20231 min read


Circle Partners With SBI Holdings To Boost USDC Presence In Japan
Circle, the entity issuing the USDC stablecoin, has announced a partnership with Japanese securities and banking giant SBI Holdings
Nov 27, 20231 min read

Coins.ph partners with Paxos to further PYUSD adoption
Coins.ph, the Philippines’ leading cryptocurrency exchange, has forged a strategic alliance with Paxos Trust Company, a New York-based
Nov 22, 20231 min read


New Zealand dollar stablecoin goes live through local crypto exchange
A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto
Nov 22, 20231 min read


Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) said it seized $9 million worth of the tether (USDT) stablecoin linked to an organization that exploite
Nov 22, 20231 min read


Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation
Stablecoin issuer Tether has frozen $225 million worth of its own stablecoin following an investigation by the U.S. Department of Justice
Nov 21, 20231 min read


Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding
StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed
Nov 8, 20231 min read


UK Financial Watchdogs Publish Plans to Regulate Stablecoins
U.K. financial watchdogs shared plans to regulate stablecoins that could pose a risk to the financial system in discussion papers published
Nov 6, 20231 min read


Circle will no longer support stablecoin minting for consumer accounts
Stablecoin issuer Circle is discontinuing support for consumer Circle Mint accounts.
Nov 1, 20231 min read


Fed Reserve Official Michael Barr Calls for Stablecoin Regulation
US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins.
Oct 28, 20231 min read


USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service
Oct 27, 20231 min read


Deutsche Bank and SC Ventures complete first stablecoin swaps on UDPN
Standard Chartered Bank's SC Ventures and Deutsche Bank have completed the first stablecoin swaps on the Universal Digital Payments Network
Oct 24, 20231 min read


Stablecoin Tether appoints chief technology officer Ardoino as CEO
Crypto firm Tether’s Chief Technology Officer Paolo Ardoino will also become its CEO from December 2023, the company said on Friday
Oct 14, 20231 min read


Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption
Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption
Oct 7, 20231 min read

Circle Claims Stablecoins are Not Securities in Binance Lawsuit
In a significant development in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC)
Sep 30, 20231 min read


Binance Collaborates With Banking Giants to Launch Stablecoins in Japan
Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.
Sep 26, 20231 min read


Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Stablecoin issuer Tether said it is branching into artificial intelligence (AI) through a subsidiary jointly owned by bitcoin (BTC) miner
Sep 22, 20231 min read
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