Stablecoins
Trump sued over $2 Billion in UAE Crypto Deals
A Circle shareholder sued Donald Trump, World Liberty Financial and special envoy Steve Witkoff in a federal court in Washington, alleging they violated the...
Stablecoins
HSBC rolls out its first HKD stablecoin RedCoin to retail users
HSBC is rolling out RedCoin, its first stablecoin denominated in Hong Kong dollars, to retail users. In the coming days, PayMe users will be...
Stablecoins
Chainlink partners with LG CNS to drive Korean won stablecoin expansion
Chainlink has partnered with LG CNS to promote the adoption of the Korean won stablecoin. LG CNS will integrate Chainlink’s cross-chain infrastructure, data, and...
Stablecoins
South Korea moves to classify stablecoins as payment instruments under forex law
South Korea is amending its foreign exchange law to recognize dollar-pegged stablecoins as regulated means of payment, alongside banknotes. The measures aim to limit...
Stablecoins
South Korea’s Crypto Bill Nears the Finish Line as the Tax Debate Heats Up
South Korea’s Digital Asset Basic Act is close to completion, according to Lee Eog-weon, chairman of the Financial Services Commission. A debate over the...
Stablecoins
Blumenthal Seeks Records on Tether Payments to Bo Hines’s Firm
Senator Blumenthal asked Tether and Nxum to provide several documents. These include payment records, cryptocurrency wallet addresses and communications related to lobbying. The companies...
Stablecoins
Japan Considers Stablecoin Tax Refunds for Foreign Tourists
Japan’s transport and tourism minister, Tatsunori Ibayashi, said on October 21 that the government would consider using stablecoins to refund consumption tax to foreign...
Stablecoins
Circle Opens USDC Auctions That Pay Minters a Rebate
Circle has opened hourly USDC auctions for minters. The redemption clearing fees are passed on to participating minters. Applicable charges are capped at Circle’s...