Stablecoins

Tether Plants Crypto Roots In Renewable Farming: Bitcoin Mining Heads To Brazil

Tether Plants Crypto Roots In Renewable Farming: Bitcoin Mining Heads To Brazil

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US-based stablecoin giant Tether Holdings and South American agribusiness Adecoagro have teamed up to mine Bitcoin using excess clean power. According to a release, Adecoagro will set aside part of its 230 MW renewable energy capacity for crypto mining. This move aims to […]

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Hong Kong activates stablecoin licensing on August 1 in major digital asset push

Hong Kong activates stablecoin licensing on August 1 in major digital asset push

Hong Kong’s stablecoin licensing regime is set to go live on August 1, a move confirmed by Secretary for Financial Services and the Treasury, Christopher Hui. Speaking at the Hong Kong Digital Finance Awards on July 3, Hui stated the region is committed to building a comprehensive virtual asset ecosystem through a prudent regulatory regime

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Arthur Hayes Forecasts Crypto Stagnation: Flat or Slight Dip

Arthur Hayes Forecasts Crypto Stagnation: Flat or Slight Dip

Key Notes Hayes predicts a short-term Bitcoin drop to $90,000 amid market volatility. US bank-issued stablecoins could unlock trillions in liquidity for Bitcoin and Treasuries. Bitcoin is currently trading just below $110,000, up by 1.85% in the past day. Bitcoin BTC $110 239 24h volatility: 2.3% Market cap: $2.19 T Vol. 24h: $40.13 B could

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Banks may use stablecoins to unlock .8T in T-bill demand

Banks may use stablecoins to unlock $6.8T in T-bill demand

Arthur Hayes, the co-founder of BitMEX, believes the US Treasury may soon turn to stablecoins to navigate its growing debt challenges. In a July 3 post, Hayes argued that the US government’s increasing dependence on bond sales risks destabilizing financial markets unless new strategies emerge. According to Hayes, the Treasury is struggling to find enough

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Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight

Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight

Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new

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Celsius gets go-ahead in legal battle to recover B in Bitcoin from Tether

Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether

A US Bankruptcy Court has ruled that Celsius Network may proceed with several claims in its lawsuit against stablecoin issuer Tether, according to a June 30 order from Judge Martin Glenn. According to the filing, the court allowed Celsius to pursue allegations that Tether violated US bankruptcy laws by receiving preferential transfers and unjustly liquidating

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South Korea halts CBDC plans, shifting focus to bank-led stablecoins

South Korea halts CBDC plans, shifting focus to bank-led stablecoins

Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable

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Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services

Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services

Circle applied to charter First National Digital Currency Bank to become a federally regulated trust that would manage USDC reserves and expand custody services for institutional clients. According to a June 30 announcement, Circle applied to the Office of the Comptroller of the Currency (OCC), seeking authority to operate as a national trust bank subject

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Crypto Regulation: Turkish Authorities Announce New Stringent Regime

Crypto Regulation: Turkish Authorities Announce New Stringent Regime

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In recent developments, Turkey’s regulatory landscape for crypto assets has been undergoing a significant transformation after the nation’s Financial Crimes Investigation Board (MASAK) unveiled a new set of guidelines. Interestingly, popular crypto analyst and Turkish national, Burak Kesmeci, has weighed in on

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Trump Family’s Crypto Ties Deepen with 0 Million UAE Boost

Trump Family’s Crypto Ties Deepen with $100 Million UAE Boost

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure World Liberty Financial hit headlines this week after a major token buy sent shockwaves through crypto circles. Based on reports, an Abu Dhabi fund snapped up 100 million worth of WLFI governance tokens. That purchase makes Aqua1 Foundation the largest holder—beating out

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