The crypto industry has found new ways to grow. Making money from them is another story
Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape…
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.…
Trump-backed World Liberty Financial plans token buyback after 66% year-to-date slide
The crypto venture may use fees from its USD1 stablecoin reserves to fund token purchases as it seeks to boost governance. Source:CoinDesk
Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AIassisted hacks, even as regional governments embrace tokenization…
France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and selfcustody reporting, fall away but could be reintroduced in the Senate. Source:Cointelegraph
Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty
Wall Street's push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions over…
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing…
Stablecoin governance group behind OUSD sets out management fee, offers equity earning pool
Governance group Open Standard will charge a 0.1 basis point management fee on payment volume, capped at at $0.01 per payment. Source:CoinDesk
Animoca Brands clears final hurdle for Abu Dhabi fund management
The former mobile games company is building out its fund management business in Abu Dhabi as it targets institutional demand for stablecoins and tokenized…
XRP Ledger set to fix flaw that could let stablecoin partners print new tokens
The fix is on track for Wednesday after validator support briefly dipped and restarted the twoweek activation clock. XRP itself is unaffected. Source:CoinDesk
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.…
Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…