Latest News and Articles about Stablecoins
ECB Ramps Up Digital Euro to Counter Trump’s Stablecoin Push
ECB Accelerates Digital Euro Amid Trump’s Stablecoin Push The European Central Bank (ECB) is ramping up efforts to launch a digital euro, a move spurred by U.S. President Donald Trump’s executive order favoring dollar-pegged stablecoins and halting the development of a U.S. Central Bank Digital Currency (CBDC). ECB board member Piero Cipollone warns that these […]
Read MoreTrump Signs Order to Boost Bitcoin, Ban CBDCs, and Promote Stablecoins
President Trump Signs Executive Order to Boost Bitcoin and Crypto, Ban CBDCs Is the US about to become the new powerhouse in the world of cryptocurrencies? President Trump has signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” marking a significant shift towards embracing Bitcoin, other cryptocurrencies, and stablecoins while firmly opposing […]
Read MoreBitcoin Hits $100K, Yet Struggles as Everyday Money: Can Scalability and Stablecoins Save the Day?
Crypto’s Struggle to Become Everyday Money and the Path Forward Bitcoin’s historic surge past $100,000 in December 2024 has ignited excitement in the crypto world, yet the dream of using cryptocurrencies as everyday money remains a distant reality. Despite the bullish market, the crypto industry is grappling with significant challenges that hinder its adoption as […]
Read MoreTaiwan’s Banks to Issue NTD Stablecoins: FSC Proposes Law in 2025
Taiwan’s Bold Leap into Digital Finance: Banks to Issue NTD-Pegged Stablecoins Taiwan is set to revolutionize its financial landscape by allowing local banks to issue stablecoins pegged to the New Taiwan Dollar (NTD), with the Financial Supervisory Commission (FSC) proposing a draft law in June 2025. This move, part of the broader VASP Registration Regulations […]
Read MoreWhiteBIT TR and Misyon Bank Partner to Boost Crypto Access in Turkey’s Booming Market
WhiteBIT TR and Misyon Bank Forge Strategic Alliance Amid Turkey’s Crypto Surge With over half of its population investing in cryptocurrencies, Turkey is rapidly becoming a global leader in crypto adoption. WhiteBIT TR, a prominent cryptocurrency exchange, has partnered with Misyon Bank, a Turkish digital bank, to enhance crypto access for European investors. This move […]
Read MoreThailand Launches Phuket Crypto Sandbox by October: Boosting Economy with Stablecoins
Thailand’s Crypto Sandbox: A Bold Leap into Digital Finance Thailand is set to launch a cryptocurrency sandbox in Phuket by October, led by former Prime Minister Thaksin Shinawatra, aiming to boost the country’s crypto sector, attract tech-savvy tourists, and stimulate economic growth. Thailand launches crypto sandbox in Phuket by October. Focus on stablecoins to enhance […]
Read MoreBoerse Stuttgart Secures First EU MiCA License: A Milestone in Crypto Regulation
Boerse Stuttgart Pioneers with EU’s MiCA License: A New Era for Crypto Regulation Boerse Stuttgart Digital Custody has become the first German crypto provider to secure a license under the Markets in Crypto-Assets Regulation (MiCA), marking a pivotal moment for crypto regulation in Europe. This milestone highlights the potential for regulated infrastructure to drive mainstream […]
Read MoreStablecoins Dominate Crypto Crime in 2024, Surpassing Bitcoin
Stablecoins: The New Frontier of Crypto Crime in 2024 In 2024, stablecoins have emerged as the preferred tool for criminals in the crypto space, overtaking even Bitcoin. These cryptocurrencies, designed to mirror the stability of traditional currencies like the US dollar, are now the go-to for illegal activities. But what drives this shift? Stablecoins involved […]
Read MoreIllicit Crypto Volume to Hit $51 Billion in 2024: Stablecoins and North Korean Hackers Dominate
Illicit Crypto Volume Projected to Soar to $51 Billion in 2024 Crypto crime is set to hit a staggering $51 billion in 2024. Here’s what you need to know: Illicit crypto volume to reach $51 billion in 2024 25% annual growth rate since 2020 Stablecoins account for 63% of illicit transactions North Korean hackers steal […]
Read MoreCFPB Proposes New Crypto and Digital Payment Protections Amid Trump’s Pro-Bitcoin Presidency
CFPB Proposes New Measures to Safeguard Consumers in Crypto and Digital Payments The Consumer Financial Protection Bureau (CFPB) is taking action to protect consumers in the realms of cryptocurrency and digital payments. With two new proposals aimed at curbing data surveillance and extending fraud protections, the CFPB is stepping up at a pivotal moment. However, […]
Read MoreScammers Steal $2.2M in Crypto from NY via Fake Remote Job Texts
Scammers Swindle $2.2M in Crypto from New Yorkers Through Fake Remote Job Offers Scammers have exploited the promise of remote work to steal around $2.2 million in cryptocurrency from New York residents. The scheme involved deceptive text messages that lured victims into depositing money into crypto accounts, specifically stablecoins like Tether (USDT) and USD Coin […]
Read MoreFV Bank Adds PayPal’s PYUSD, Revolutionizing Digital Banking with Stablecoins
FV Bank Integrates PayPal’s PYUSD, Pioneering Digital Asset Offerings FV Bank has boldly stepped into the future of finance by integrating PayPal’s USD stablecoin, PYUSD, into its digital banking platform. This move not only allows customers to seamlessly receive and send PYUSD directly from their USD accounts but also marks a significant leap in the […]
Read MoreStablecoins Revolutionize Cross-Border Remittances, Outpacing Traditional Apps
Stablecoins Surge as the New Frontier for Cross-Border Remittances In 2024, the financial landscape saw a significant shift as traditional remittance apps experienced a decline in usage, while stablecoins reached unprecedented heights, revolutionizing the cross-border payment sector. This transition, driven by the efficiency and lower costs of stablecoins, marks a pivotal moment in the quest […]
Read MoreChamath Palihapitiya Predicts Stablecoins Will Dominate by 2025, Outpacing Visa
Chamath Palihapitiya Forecasts Stablecoins as 2025’s Biggest Business Winners Billionaire investor Chamath Palihapitiya has made a bold prediction: dollar-denominated stablecoins will be the biggest business winners by 2025. Stablecoins, cryptocurrencies designed to maintain a stable value by being pegged to assets like the US dollar, are gaining traction in business transactions due to their ability […]
Read MoreCambodia Embraces Stablecoins, Shuns Bitcoin: 5 Cryptos to Watch
Cambodia’s Crypto Evolution: What It Means for the Future Cambodia’s financial sector is on the brink of a significant shift as the National Bank of Cambodia (NBC) cautiously embraces cryptocurrencies, focusing on stablecoins and asset-backed cryptos while keeping Bitcoin at arm’s length. Cambodia’s cautious crypto adoption Five cryptocurrencies to watch: Aureal One, DexBoss, yPredict, Arkenstone, […]
Read MoreRipple Expands in MENA: Aims to Revolutionize Finance with Stablecoins
Ripple Strengthens Presence in Middle East and Africa, Eyes Stablecoin Expansion Ripple, the enterprise blockchain giant, is intensifying its efforts in the Middle East and Africa (MENA) region, leveraging the UAE’s progressive regulatory environment to drive blockchain and stablecoin innovation forward. Ripple’s commitment to MENA region UAE’s progressive regulations Focus on stablecoins, custody, tokenization Long-standing […]
Read MoreTrump’s Crypto Win Sparks Canadian Push for Stablecoin Rules and Bitcoin Retirement Plans
Trump’s Crypto-Friendly Agenda Inspires Canadian Policy Push on Stablecoins and Bitcoin Retirement Plans Donald Trump’s pro-crypto stance following his election victory has spurred Canadian cryptocurrency advocates to push for regulatory changes north of the border. Key areas of focus include the regulation of stablecoins, integrating Bitcoin into retirement plans, and establishing tax-free crypto accounts. Stablecoin […]
Read More2025 Crypto Outlook: Bitcoin ETFs, Trump’s Policies, and Rising Stablecoins
Looking Ahead: What 2025 Holds for Crypto and Digital Assets 2025 promises to be a pivotal year for cryptocurrencies, building on the monumental strides of 2024. With Bitcoin ETFs driving mainstream adoption, Donald Trump’s pro-crypto policies, and the rise of stablecoins, the crypto landscape is set for dramatic evolution. But what challenges will the industry […]
Read MoreFintech Booms with Crypto Payments as Bitcoin Hits $108K Post-Trump Re-Election
Fintech’s Surge Driven by Crypto Payments Amid Regulatory Shifts The fintech industry is experiencing a significant resurgence following a challenging period, driven by the mainstream adoption of crypto payments and a supportive second Trump administration. Bitcoin’s surge to $108,000 post-election, alongside fintech giants like Stripe and PayPal expanding their crypto services, signals a new era […]
Read MoreVenezuelans Embrace Crypto Amid Hyperinflation: $20B Influx in 2024
Venezuelans Ditching the Dollar in Favor of Crypto Venezuelans are increasingly turning to cryptocurrencies like Bitcoin, Ethereum, and stablecoins to combat the rampant hyperinflation and protect their finances from the devaluing bolivar. Venezuelans using crypto to fight hyperinflation and secure finances. Crypto market in Venezuela grew by 110% in Q2 2024. $20 billion flowed into […]
Read MoreSingapore’s Central Bank Embraces Stablecoins, Eyes Tight Regulation
Singapore’s Central Bank Sees Bright Future for Stablecoins as Payment Instruments The Monetary Authority of Singapore (MAS) is cautiously optimistic about the potential of stablecoins to become a mainstream payment method, provided they are tightly regulated. MAS’s managing director, Chia Der Jiun, emphasized the critical role of regulation in maintaining value stability, setting the stage […]
Read MoreBanks Challenge Tether’s Dominance with New Stablecoins, Eyeing $10B Profit
Traditional Banks Dive into Stablecoins, Challenging Tether’s Dominance With Tether stepping back from its EURt stablecoin, traditional banks are making a bold move into the lucrative stablecoin market, aiming to disrupt Tether’s dominance and capitalize on the $10 billion in profits the industry has seen. Tether discontinues EURt due to MiCA regulations Banks like SG-Forge […]
Read MoreAfrica’s Blockchain Boom in 2024: Adoption Soars Amid Regulatory Challenges
Africa’s 2024 in Review: Adoption Unfazed, Regulatory Reckoning In 2024, Africa’s digital asset and blockchain sector didn’t just grow—it exploded into a vibrant ecosystem, showcasing the continent’s readiness to lead in the global financial revolution. This year marked a significant shift towards practical use cases, demonstrating that Africa isn’t just following the trend but setting […]
Read MoreCambodia Embraces Stablecoins Amid Bitcoin and Ether Ban, Prioritizing Regulation Over Risk
Cambodia’s Cautious Dance with Crypto: Stablecoins Welcome, Bitcoin and Ether Banned Cambodia is cautiously venturing into the realm of cryptocurrency, allowing stablecoins under stringent conditions while maintaining a ban on Bitcoin and Ether. On December 27, 2023, the National Bank of Cambodia (NBC) issued a directive that reflects the country’s wariness about financial crime and […]
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