EU securities regulator gives crypto platforms 3 months to remove unauthorized stablecoins
ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer…
ESMA gives crypto firms 3 months to exit non-compliant stablecoins
ESMA urged EU crypto firms to halt services involving nonMiCAcompliant stablecoins, giving regulators three months to address existing exposures.…
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Source:CoinDesk
Standard Chartered plans institutional crypto custody in Singapore
Standard Chartered plans custody for cryptocurrencies, stablecoins and tokenized assets for institutional and eligible corporate clients in Singapore.…
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAPbacked Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.…
Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or…
Crypto trading giant GSR's new vault business is a $100M bet on onchain credit
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Source:CoinDesk
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into…
Paxos’ $3B USDG stablecoin launches on Arbitrum
Paxos’ USDG stablecoin is now live on Arbitrum as the network proposes 100 million ARB in incentives to support adoption and liquidity. Source:Cointelegraph
OKX Money lets users save, earn 10% yield and spend dollar stablecoins in one app
he product converts more than 50 local currencies into stablecoins, offers rewards of up to 10% on eligible USDG balances and includes virtual and physical…
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollarbacked stablecoins, with qualifying USDG balances earning up to 10% APY. Source:Cointelegraph