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Hong Kong Sets High Bar for Stablecoin Issuers Ahead of August Regime Launch

Hong Kong Sets High Bar for Stablecoin Issuers Ahead of August Regime Launch

Key Takeaways: Hong Kong’s licensing regime for stablecoin issuers begins on August 1, with limited approvals expected in the initial phase. Applicants must show detailed control systems, including asset security and AML compliance, and prove their ability to operate across jurisdictions. The HKMA references global regulatory frameworks, including FSB guidelines, to structure its supervisory approach. […]

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 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform

$90 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform

Key Notes Fortune 500 payment processor Fiserv collaborates with Circle and Paxos to create bank-friendly digital dollar infrastructure. FIUSD will integrate with PayPal’s PYUSD for cross-platform transactions, enhancing merchant and consumer payment options. The launch coincides with the GENIUS Act’s Senate passage, providing regulatory clarity for USD-pegged stablecoin issuers. Fiserv is entering the stablecoin space

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Camel Gold Coin Global Launch: The World’s First Nation-Backed, Gold and Cultural Asset Dual-Pegged Compliant Stablecoin

Camel Gold Coin Global Launch: The World’s First Nation-Backed, Gold and Cultural Asset Dual-Pegged Compliant Stablecoin

A new era for on-chain cultural value Amid the accelerating convergence of fintech and cultural assets, the MENA region is giving rise to a landmark digital financial innovation—Camel Gold Coin. As the world’s first regulatory-compliant stablecoin dual-pegged to national gold reserves and real-world cultural assets (RWA), this initiative represents a strategically endorsed national-level project. It

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‘Valuable Everywhere’: Tim Draper Hails Bitcoin as Crisis-Proof Asset

‘Valuable Everywhere’: Tim Draper Hails Bitcoin as Crisis-Proof Asset

Amidst the Mideast conflict, the venture capitalist and entrepreneur from Silicon Valley, Tim Draper, articulated that in these precarious times, one asset remains “valuable everywhere, bitcoin.” Draper Says Bitcoin’s the Real Refuge in a World on Fire An influential figure in the venture capital sphere, Tim Draper, who established Draper Associates and Draper University, holds

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Circle’s market value soars above USDC supply

Circle’s market value soars above USDC supply

Circle’s market capitalization has quickly outpaced the circulating supply of its stablecoin USDC less than a month after the company went public. Data from CryptoSlate shows that USDC’s current circulating supply is approximately $61.27 billion. Meanwhile, Circle’s market capitalization has surged to around $66.9 billion, according to figures from Yahoo Finance. Circle’s rapid valuation climb can

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Veda Raises M to Expand Crosschain Yield Vault Platform in DeFi

Veda Raises $18M to Expand Crosschain Yield Vault Platform in DeFi

Decentralized finance protocol Veda has raised $18 million to accelerate the adoption of its vault platform, which enables asset issuers to build crosschain yield products, including yield-bearing stablecoins. The funding round was led by venture capital firm CoinFund, with additional participation from Coinbase Ventures, Animoca Ventures, BitGo, Mantle EcoFund, GSR, Relayer Capital, PEER VC, Draper

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Bitcoin dumps and pumps on news of Iranian attack on US bases in Qatar, Iraq

Bitcoin dumps and pumps on news of Iranian attack on US bases in Qatar, Iraq

Key Takeaways Bitcoin fell below $100,000 due to escalating geopolitical tensions in the Middle East. Reports of an imminent Iranian attack on US bases have increased investor concerns and contributed to the decline. Share this article Bitcoin briefly slipped below the $100,000 mark on Monday amid escalating geopolitical tensions in the Middle East. An Israeli

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Hedera risks further drop as stablecoin supply plunges 80%

Hedera risks further drop as stablecoin supply plunges 80%

Token still near 2025 low despite short-term bounce. Market activity remains muted across the Hedera network. Recovery possible if price breaks above $0.15 zone. Hedera’s native token HBAR is under mounting pressure as the network struggles with a sharp drop in stablecoin supply and declining market activity. Despite gaining 5.61% in the past 24 hours

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Another Bitcoin Boost: Sequans Goes All in With 4M Investment

Another Bitcoin Boost: Sequans Goes All in With $384M Investment

Key Notes Sequans plans to invest $384 million in Bitcoin through equity and debt offerings. MicroStrategy bought 245 BTC for $26 million as Bitcoin briefly dipped below $100K. Despite miner stress, long-term Bitcoin accumulation continues across institutions. Publicly listed company Sequans Communications S.A. has announced a bold new Bitcoin BTC $100 575 24h volatility: 0.9%

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