Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank sees an ekrona as critical to securing national payments and monetary control. Source：CoinDesk
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.…
Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate crossborder use of stablecoins and tokenized deposits. Source：Cointelegraph
Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.…
Crypto for Advisors: Stablecoins are ready for prime time
Source：CoinDesk
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. Source：Cointelegraph
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”…
OCC finalizes GENIUS Act rules for stablecoin issuers and custody
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking…
Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact
The collaboration will explore cardlinked merchant payments for Japanese visitors in South Korea and peertopeer wallet transfers among broader crossborder…
OCC's final rule to start fresh in weighing stablecoin rewards against GENIUS Act ban
The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act. Source：CoinDesk
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring wonbacked stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency…