HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKDpegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab…
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says. Source：CoinDesk
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.…
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. Source：Cointelegraph
Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard
Visa’s request for product (RFP) talks about the need to support a range of stablecoins. Source：CoinDesk
South Korea joins more than 30 jurisdictions restricting Polymarket access
Regulators rejected Polymarket's defense regarding its P2P nature, arguing the platform manages market rules and facilitates cryptobased gambling activity.…
XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 crossborder payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD…
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source：CoinDesk
BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees
Sheldon Lee said a Chineselanguage X account making the claims was hacked. Users want wallets, assets and liabilities disclosed. Source：CoinDesk
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…
Bitpanda fined €70,000 in Austria’s first published MiCA enforcement case
The fine stems from Bitpanda failing to submit a mandatory white paper 20 days before publication and omitting required disclosures in marketing materials.…
Crypto investors are looking past market-cap rankings and back to fundamentals
Investors are starting to judge crypto tokens on usage, economics and value capture rather than marketcap rank, industry executives said. Source：CoinDesk