Paxos And DBS Debuts USDG Stablecoin
Paxos, a blockchain infrastructure company, has introduced USDG, a USD-backed stablecoin fully compliant with Singapore's regulatory framework. DBS Bank manages ...
PayPal Makes First Corporate Payment With PYUSD Stablecoin
PayPal has made its first corporate payment using PayPal USD (PYUSD), a stablecoin pegged to the US dollar. According to ...
Robinhood And Revolut Consider Entering Stablecoin Market
Fintech companies Robinhood and Revolut are exploring the possibility of launching their own stablecoins. This move is influenced by rapid ...
Binance’s Executives Cleared Of Tax Charges In Nigeria
Despite the dropped tax charges, Gambaryan and Anjarwalla remain involved in a separate money-laundering case. Binance maintains that neither of ...
Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan
The stablecoin exploration is expected to increase the uptake of digital assets in Japan. Japan has favored the regulatory route ...
USDC Popular As Remittances’ Digital Currency In Asia – Circle Report
Asia-Pacific controls 29% of the global USDC digital currency value. USDC has been most helpful in remittances in emerging economies. ...
Binance’s $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO’s Guilty Plea
The recent guilty plea of Binance and its CEO for money laundering charges has raised questions about the company's massive ...
Australia’s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals
Australia's senate committee has rejected Senator Andrew Bragg's crypto regulation bill. Bragg's bill sought clarity and offered guidelines to Australia’s ...
PayPal Expands Crypto Services With A Dollar-Backed Stablecoin
PayPal has announced the launch of a USD-backed stablecoin, PayPal USD. The stablecoin will be used for payments, transfers, and ...
Tether’s Excess Reserves Rise To $3.3B; Discloses Exposure To U.S. Treasuries And Energy
Tether increased its excess reserves by $850 million to $3.3 billion. The reserves aim to build market trust after the ...
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