Sony Bank gets US regulator nod to issue stablecoins
Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in…
Revolut says USDT delisting is limited to EEA, Switzerland
Revolut said USDT support remains unchanged outside EEA and Switzerland as it winds down the stablecoin offering in selected European markets.…
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New Yorkbased subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.…
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bankled won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in…
Officials set to revise MiCA to cover non-EU stablecoin issuers: Report
EU officials reportedly plan to consider changes to the Markets in CryptoAssets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and…
Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance Research
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments…
Kazakhstan president signs decree to accelerate crypto adoption
Kazakhstan targets gaspowered electricity for mining, income tax exemptions for regulated crypto transactions and crossborder stablecoin payments in a new…
Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : report
Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean wonbased stablecoin for payments.…
Base to activate B20 standard for stablecoins, RWAs and other tokens
Base is scheduled to activate its B20 token standard on Wednesday at 6 pm UTC, allowing developers to begin creating native tokens on the network.…
Vanguard seeks digital assets chief after years of crypto skepticism
The asset manager is hiring a head of digital assets to lead its strategy for tokenization, stablecoins, blockchain infrastructure and clientfacing products.…
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source:CoinDesk
MiCA-compliant euro stablecoins grew 128% before MiCA transition ended, says Decta
Decta's report said the market cap of eight MiCAcompliant euro stablecoins rose to $673.9 million in the year before Europe’s CASP transition period ended.…