The United Kingdom’s Financial Conduct Authority has concluded that cross-border payments represent the most promising near-term application for stablecoins, while domestic retail adoption is expected to be slower, according to findings from its recent policy initiative. FCA Stablecoin Sprint highlights key use cases The FCA published results from its March 2026 Stablecoin Sprint, a policy […]
Tether, the company behind the world’s largest stablecoin USDT, has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) to explore tokenized securities, blockchain-based market infrastructure, and the potential use of USDT as a settlement layer. The agreement, announced Tuesday, marks one of the most significant blockchain partnerships involving a major African stock […]
Bolivia is evaluating a regulatory framework that would officially recognize Tether’s USDt stablecoin as a means of payment, a move that could position the country as one of Latin America’s most notable adopters of digital currencies for everyday transactions. The initiative comes as the nation faces a prolonged shortage of US dollars, which has strained […]
European Union officials are reportedly preparing to revise the Markets in Crypto-Assets (MiCA) framework to expand its regulatory scope over stablecoin issuers based outside the bloc. The move, described by some as “MiCA 2.0,” comes in response to the United States’ recently enacted stablecoin law and aims to clarify how non-EU companies can operate within […]
Former Tether chief investment officer Richard Heathcote is seeking to sell a portion of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing sources familiar with the matter. The planned transaction could provide a rare public window into ownership of Tether, one of the most profitable and privately held companies in […]
The cryptocurrency arena saw significant developments today, with a high-profile ethics disclosure, a major step in stablecoin integration with traditional banking, and a growing security crisis in Europe. Here is a breakdown of the key stories shaping the crypto world on July 2, 2026. FBI Director Amends Financial Disclosure After Delayed Strategy Investment Report FBI […]
BNY Mellon has expanded its Digital Asset Custody platform to allow institutional clients to store, transfer, mint, and redeem Circle’s USD Coin (USDC), marking the first stablecoin supported on the platform. The move deepens the bank’s existing relationship with Circle, where it already serves as the primary custodian of the reserves backing USDC. New stablecoin […]
The European Commission has opened a formal comment period that will shape the next iteration of the European Union’s Markets in Crypto Assets (MiCA) regulatory framework, widely referred to as MiCA 2.0. The consultation, launched in May 2026, invites industry participants, legal experts, and consumer advocates to weigh in on revisions to stablecoin requirements, the […]
Some fighters competing in Sunday’s Ultimate Fighting Championship event on the White House lawn will receive bonus payments in USD1, a stablecoin issued by the Trump family’s crypto venture, World Liberty Financial. The move has drawn sharp criticism from Democratic lawmakers and ethics watchdogs, who argue it blurs the line between presidential power and private […]
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