Tether and Binance left out of EU crypto approval list The recent exclusion of Tether and Binance from the list of approved cryptocurrencies in the European Union has sent shockwaves through the digital asset community. The European Union’s Markets in Crypto-Assets (MiCA) framework aims to regulate the cryptocurrency market and provide a clear set of […]
Crypto spending in Europe is rising with stablecoins leading
Crypto Spending in Europe is Rising with Stablecoins Leading A recent report has unveiled a significant surge in crypto spending across Europe, with stablecoins emerging as the preferred choice among consumers. According to the findings, stablecoins currently make up over 75% of all crypto purchases in the region, indicating a growing trend towards digital asset […]
Stablecoins surpass Visa and Mastercard in online transaction volume
Stablecoins Surpass Visa and Mastercard in Online Transaction Volume In the ever-evolving landscape of digital transactions, stablecoins have emerged as a game-changer, surpassing traditional giants like Visa and Mastercard in online transaction volume. This shift signals a significant turning point in the way we perceive and conduct digital payments, with major platforms such as PayPal […]
EU may ease restrictions on foreign stablecoins
EU Considers Easing Restrictions on Foreign Stablecoins The world of cryptocurrency and blockchain technology is ever-changing, with new developments and innovations constantly reshaping the landscape. One such recent development is the proposal by the European Union to potentially ease restrictions on foreign stablecoins. This proposed guidance would treat non-EU stablecoins as equivalent to those registered […]
Major South Korean banks plan won-based stablecoin
Major South Korean Banks Poised to Introduce Won-Based Stablecoin In a groundbreaking move set to revolutionize the financial landscape of South Korea, major banks in the country are gearing up to launch a won-based stablecoin by the year 2026. This joint initiative holds the potential to significantly transform the way payments are made, remittances are […]
Turkey tightens grip on digital assets
Turkey Tightens Grip on Digital Assets Turkey has recently implemented new regulations tightening its grip on digital assets, particularly stablecoin transfers. These regulations have introduced daily and monthly limits on stablecoin transfers within the country, marking a significant shift in the Turkish government’s approach to digital currencies. Stablecoins, a type of cryptocurrency pegged to a […]
South Korea plans slow rollout of stablecoins
South Korea Plans Slow Rollout of Stablecoins South Korea, known for its tech-savvy population and innovative approach to finance, is treading cautiously when it comes to the introduction of stablecoins. The Bank of Korea officials have expressed concerns that the widespread adoption of stablecoins could potentially disrupt financial markets and have a significant impact on […]
GENIUS Act clears path for bank-run blockchains
GENIUS Act Clears Path for Bank-Run Blockchains In a groundbreaking move, the United States has passed the GENIUS Act, a law that paves the way for banks to issue stablecoins and operate blockchain networks. This significant development holds the potential to revolutionize the financial industry by offering clients faster and more regulated payment options. The […]
Bitget Wallet enables crypto QR payments in Vietnam
Bitget Wallet Revolutionizes Crypto Payments with VietQR Integration In a groundbreaking move for the crypto community in Vietnam, Bitget Wallet has introduced VietQR integration, allowing users to make daily purchases using stablecoins like USDT and USDC. This innovative feature is set to revolutionize the way people in Vietnam engage with cryptocurrencies, offering a seamless and […]
Senate passes the GENIUS Act to regulate stablecoins
Senate Passes the GENIUS Act to Regulate Stablecoins The United States Senate recently made a groundbreaking decision by passing the GENIUS Act, a significant piece of legislation aimed at regulating stablecoins. This move comes in response to the growing popularity of stablecoins in the digital currency market and the need to establish clear guidelines to […]