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...
stablecoin
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...
HKMA warns against unlicensed stablecoins ahead of 1 August 2025 ordinance
The Hong Kong Monetary Authority (HKMA) warned that stablecoins issued without a licence will be illegal from 1 August 2025. The new Stablecoin Ordinance will...
U.S. Treasury opens public consultation on the GENIUS Act stablecoin framework
The U.S. Department of the Treasury has opened a public consultation to implement the GENIUS Act, a law signed in July 2025 aimed at establishing...
JPMorgan warns that U.S. stablecoin competition could become a zero-sum game
JPMorgan warns that competition among U.S. stablecoin issuers could turn into a zero-sum game, where one player’s gains come at another’s expense. The issue is...