Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12week term without deposit insurance.…
Japan stablecoin payments advance with Lawson trial, Netstars launch
Lawson will test yen stablecoin payments in Tokyo as Netstars launches a merchant service supporting USDC, USDT and JPYC. Source:Cointelegraph
There’s good and bad news if you want to copy JPMorgan’s new AI agent that outperforms the 60/40 portfolio
JPMorgan says it’s designed an artificialintelligent agent to evaluate markets and economic data and use it to outperform the standard 60/40 investing model,…
AI microbusinesses could drive $262B in stablecoin volume by 2033: Swyftx
The AInative cohort of the expanding gig economy could increasingly use stablecoins to avoid slow and expensive traditional payment rails, Australian crypto…
Bank of Thailand targets USDT and cash flows in gray money crackdown
Thailand has been plagued by Chineseaffiliated scam centers, with illicit gains flowing through a “gray money” economy. Source:Cointelegraph
Bitcoin ETFs draw $197M, snap 8-week outflow streak
Analysts are not yet ready to call it a recovery in institutional demand for Bitcoin. Source:Cointelegraph
Pakistan crypto chief seeks dialogue after scholar rules against crypto payments
Pakistan’s virtualassets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling…
Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
The ongoing debate comes despite a broad downturn in Ordinals transaction activity over the last two years. Source:Cointelegraph
Empery Digital shares rise after selling Bitcoin treasury to fund AI data center project
The sales come months after a major Empery shareholder demanded the firm ditch its Bitcoin treasury strategy and force the resignation of its CEO and board.…
Bonzo Lend loses $9M in oracle exploit on Hedera
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s onchain oracle verifier.…
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of…
Robinhood says its AI agent feature will ‘soon’ be assisting crypto traders
More than 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when Robinhood launched a beta version of…