Bank of Italy finds no consistent cost advantage for stablecoin remittances
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin…
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun cofounder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly. Source:Cointelegraph
Ex-FTX users report funds being released in $900M distribution round
Several users of the longdefunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022…
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the…
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending…
ECB says digital euro app will exceed EU accessibility standards
The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic…
Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions
Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members…
Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations
Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations Source:Federal Reserve
AMLBot launches AI Tracer for self-service blockchain investigations
Crypto forensics company AMLBot launched an AIenabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are…
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Source:Cointelegraph
BIS Project Agorá settles $1 million in tokenized cross-border payment trials
Twentyeight financial institutions and central banks completed realvalue settlements across six currencies using tokenized central bank reserves and commercial…
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…