SBI Unveils Trust Bank-Backed Yen Stablecoin
SBI Holdings and Startale Group introduced JPYSC, a trust bank-backed yen stablecoin targeting institutional and cross-border use ahead of a planned Q2 launch.
Cryptocurrency news, market insight, company coverage, and practical guides related to regulation.
SBI Holdings and Startale Group introduced JPYSC, a trust bank-backed yen stablecoin targeting institutional and cross-border use ahead of a planned Q2 launch.
South Korean authorities arrested two individuals after 22 seized Bitcoin, now worth about $1.4 million, were lost due to storage in a third-party wallet. The case…
Hong Kong plans to approve its first stablecoin issuer licenses in March as part of a broader push to formalize digital asset regulation. The government will…
Bitcoin Depot will require identification for every transaction at its crypto ATMs, tightening compliance amid rising regulatory scrutiny over fraud and money laundering.
US authorities seized over $61 million in USDT linked to a large-scale pig butchering fraud scheme, highlighting increased enforcement against crypto-enabled scams.
Payoneer has applied for a US national trust bank charter as fintech and crypto firms increasingly seek regulated pathways to offer stablecoin and custody services.
Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise significantly if stablecoin payments adoption accelerates, even as lawmakers debate tighter yield rules.
Terraform’s wind-down trust has filed a lawsuit against Jane Street over alleged trading tied to the 2022 TerraUSD collapse. The case centers on claims of using…
ProShares’ GENIUS money market ETF posted $17 billion in first-day volume, highlighting rising demand for cash-management vehicles as tokenized funds and stablecoins reshape liquidity markets.
US lender Rate has introduced a mortgage product that allows verified cryptocurrency holdings to count toward underwriting requirements without requiring liquidation.
Austria’s financial regulator has barred KuCoin’s EU entity from onboarding new customers, citing gaps in key AML and sanctions compliance roles.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.
Binance says its exposure to sanctioned entities has fallen sharply since 2024 as the exchange intensifies compliance investments and regulatory alignment efforts.
JPMorgan acknowledged in a court filing that it closed accounts linked to Donald Trump after the January 2021 Capitol events, intensifying scrutiny over debanking practices.
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.