Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The Londonbased multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.…
Gemini strikes Apex deal to widen prediction markets reach
The planned tieup would make Gemini the exclusive CFTCregulated venue for crypto event contracts offered through Apex’s futures commission merchant.…
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source：CoinDesk
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source：CoinDesk
Elon Musk's X is exploring stablecoins to pay influencers and content providers
Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers. Source：CoinDesk
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather…
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The crossborder transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits…
SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memorychip company says current share prices don’t reflect the business’s “intrinsic value.”…
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Source：CoinDesk
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said. Source：CoinDesk