Ripple signs Bahrain FinTech Bay deal to bring RLUSD to Bahrain under new stablecoin rules
Ripple signed an agreement with Bahrain FinTech Bay to bring its digital asset network to Bahrain and to push local use of RLUSD. The step...
stablecoin
Galaxy Digital, Bakkt and Fireblocks join forces to expand custody and institutional access to crypto assets
Galaxy Digital and Bakkt join forces with Fireblocks to expand institutional access to digital assets. The agreement integrates the Fireblocks Trust regulated by the NYDFS,...
BNY Mellon tests tokenized deposits to speed up corporate payments and cut costs,
BNY Mellon is testing tokenized deposits on a blockchain to accelerate corporate payments and reduce their cost. The bank moves about USD 2.5 billion in...
Streamex shares surge as GLDY gold-backed token pre sale opens with a $100 million cap
Streamex Corp. shares jumped more than 20% and at times topped 30% after opening the pre sale of GLDY, a token backed one-for-one by vaulted...
Standard Chartered projects up to $1 trillion shift from emerging market bank deposits to stablecoins by 2028
Standard Chartered estimates that as much as $1 trillion could migrate from emerging market bank deposits into stablecoins by 2028. The bank argues this shift...
Hong Kong regulator gets three more years to define global crypto rules
The Securities and Futures Commission of Hong Kong will keep Julia Leung as chief until December 2028, extending the current leadership through the next regulatory...
Phantom launches Phantom Cash as a stablecoin and payments service integrated into its wallet
Phantom released Phantom Cash (CASH), a dollar-token and payment tool built directly into its wallet. The company positions the product for daily spending, issuing the...
Visa opens pilot for prefunded cross-border payments with USDC and EURC via Visa Direct
Visa opened a pilot that lets companies load cross-border payment funds ahead of time with the stablecoins USDC besides EURC. The goal is to speed...
xMoney raises $21.5 million led by Sui Foundation and prepares launch of XMN token in October
xMoney has closed a $21.5 million round led by Sui Foundation, an operation that includes the appointment of Greg Siourounis as co-founder and CEO. The...
DBS Hong Kong says stablecoin rules tighten on-chain derivatives and raise compliance costs
New rules effective 1 August 2025 sharply limit the use of stablecoins in on-chain derivatives contracts, according to DBS Hong Kong. Local chief executive Sebastian...