The Canton Network, a public blockchain built for regulated financial markets, today completed the first real-world payroll transaction using private stablecoins on an institutional-grade ledger. The payment, executed for an unnamed global company, was facilitated […]
The United Kingdom’s financial watchdog has launched court action against cryptocurrency exchange HTX, alleging it illegally promoted crypto asset services to British consumers in breach of financial advertising rules. The UK Financial Conduct Authority (FCA) […]
Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet. The […]
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged […]
Tether, the stablecoin issuer, has acquired a 12% ownership position in Gold.com for $150 million, deepening its expansion into the tokenized gold ecosystem. The investment establishes a long-term partnership to integrate XAU₮, Tether’s gold-backed digital […]
A hard-start approach may force compliant firms to stop operations. The HKSFPA urges a 6–12 month grace period for applicants. The association also raised concerns over the CARF framework. Hong Kong’s plan to tighten oversight […]
The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs). The ban […]
The one-exchange-one-bank model is not a legal requirement but is widely followed. A government study found the setup limits access for small crypto exchanges. Large platforms dominate Korean won-based trading due to better liquidity. South […]
SpaceX has acquired xAI, Elon Musk’s artificial intelligence startup, according to a company memo that frames the deal as an effort to combine rockets, satellite internet, direct-to-mobile connectivity, and AI into a single vertically integrated […]
Bitcoin’s (BTC) struggle to hold above $70,000 carried on into Wednesday, raising concerns that the a drop into the $60,000 range could be the next stop. The sell-off was accompanied by futures market liquidations, a […]
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