China Intensifies Policy Coordination to Curb Stablecoin and Crypto Payments
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
CoinShares has withdrawn its planned Solana, XRP, and Litecoin ETFs, signaling a strategic pause as regulatory expectations evolve and competition intensifies in the US crypto ETF market.
KuCoin’s European division has obtained a Markets in Crypto Assets (MiCA) license in Austria, enabling the exchange to offer regulated crypto services throughout the European Economic Area.
Solana-based meme coin BONK is now trading as an Exchange Traded Product (ETP) on the SIX Swiss Exchange, providing a regulated access point for retail and institutional investors.
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
A primary focus for Coinbase Ventures is the expansion of RWA perpetuals beyond conventional crypto assets.
Standard Chartered has been appointed digital-asset custodian for 21shares, providing institutional-grade custody services to one of the world’s largest crypto ETP issuers and marking a major step in regulated crypto infrastructure.
Bitcoin fell under $95,000 amid a broad four-day decline triggered by heavy losses in AI and tech stocks, mounting macro pressures and thinning crypto-specific flows.
Global funds network Calastone is rolling out tokenized fund share classes on Polygon’s Layer 2 infrastructure, enabling its network of 4,500 institutions across 58 markets to distribute fund shares on-chain.
Circle Internet Group posted $740 million in third-quarter revenue and reserve income – 66 % year-on-year growth – as USDC circulation surged and the company advanced its Arc blockchain initiative.
JPMorgan has deployed its blockchain-based deposit token, JPM Coin (JPMD), on Coinbase’s Base network – marking the bank’s first payment product on a public blockchain and a milestone in on-chain banking.
Coinbase has unveiled a new platform for digital token offerings, with Layer-1 blockchain Monad set to be the first project to sell its token through the exchange’s regulated framework.
Ripple has joined forces with Mastercard, Gemini, and WebBank to enable RLUSD stablecoin settlement for credit card transactions, marking a milestone in blockchain-based payments.
Ripple has raised $500 million in a new funding round, pushing its valuation to $40 billion as it expands beyond payments into digital asset custody, stablecoins, and prime brokerage.