Stablecoins
Scott Bessent Calls GENIUS Act a ‘Watershed Moment’ as OCC Sets Stablecoin Rules
U.S. Treasury Secretary Scott Bessent called the GENIUS Act a “watershed moment in American finance,” comparing the law with the National Currency Act of...
Stablecoins
South Korea’s stablecoin push raises questions about a potential crypto rally
South Korea and the Bank of Korea are planning to amend the Foreign Exchange Transactions Act to recognize stablecoins as payment instruments. This regulatory...
Stablecoins
Circle shareholder sues Trump over UAE crypto deals, citing up to $82 million in potential annual revenue
A Circle shareholder sued Donald Trump in a federal court in Washington over two UAE-linked transactions: a $500 million investment in World Liberty Financial...
Stablecoins
Third X100 Exploit Transaction Pulls 550,000 X From Uniswap Pool
A different sender routed about 549,916 X and 1,909 USDT to a new beneficiary. The affected Uniswap pool held less than 200 USDT. The...
Stablecoins
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
HSBC launched RedCoin, a Hong Kong dollar stablecoin licensed by the Hong Kong Monetary Authority, through its PayMe app. More than 3.3 million users...
Stablecoins
Senate Democrat probes Tether over alleged payments to ex-Trump crypto advisor
Senator Richard Blumenthal has asked Tether to explain, by November 3, an alleged $6.8 million payment to Nxum Group, co-founded by Bo Hines, former...
Stablecoins
Senator probes Tether’s reported $6 million payments to ex-White House crypto adviser’s firm
U.S. Senator Richard Blumenthal asked Tether for records of payments of more than $6 million to Nxum, a consulting firm co-founded by Bo Hines,...
Stablecoins
Stripe and Plasma plan stablecoin cards for 100-plus countries by 2027
Stripe and Plasma announced on October 15, 2026 that they plan to expand their multi-currency stablecoin cards to more than 100 countries by 2027....