Stablecoin wallets challenge traditional bank accounts as main consumer money hub
Industry leaders debate whether digital dollar wallets will dismantle traditional bank accounts or simply modernize the underlying infrastructure.…
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binancepaired currencies correlates with local currency depreciation as market makers balance positions. Source：CoinDesk
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Mantle has added Paxosissued USDG as a natively minted stablecoin while joining the network’s rewardsharing structure. Source：Cointelegraph
Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention
Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the…
Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken…
Standard Chartered brings spot crypto trading to Dubai FX platform
The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars…
The yen is surging and it’s helping bitcoin, for now
Yen's rise has led to a broadbased USD weakness, driving the Dollar Index lower. BTC and gold are loving it, for now. Source：CoinDesk
Live updates: Bitcoin shrugs off higher oil prices as Japanese yen rallies
Bitcoin is back above $77,500 with every major green on the day, though the week still reads red. Global investors are carrying their lowest currency…
Bitcoin recovers toward $78,000 as pons and arbitrum extend Robinhood Chain rally
BTC rose 0.76% since midnight as a softer dollar lifted equities and metals alongside crypto, while ARB and PONS pushed higher for a third session.…
Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
BTC trades choppy as $90 oil and rising bond yields weigh on stocks and gold. Source：CoinDesk
SEC Charges San Francisco Bay Area Private Fund Executives with Multimillion Dollar Ponzi-Like Scheme
The Securities and Exchange Commission today charged Mark D. Hanf, the former CEO of Novato, Californiabased Pacific Private Money Group LLC (PPMG), and…
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a eurodenominated offering next.…