Nine European banks will launch a MiCA-regulated, euro-backed stablecoin that will contribute to Europe’s strategic autonomy in payments.
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Category: Cryptocurrencies
Circle Explores Reversible Stablecoin Transactions to Curb Fraud, Align with TradFi
Circle, the issuer behind $74 billion worth of USDC stablecoins, is exploring the possibility of enabling reversible transactions.
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US Senate to Grill Coinbase Exec on Crypto Tax Rules Next Week — Regulation Incoming?
The US Senate has convened a hearing on October 1 to examine digital asset taxation, with Coinbase’s Lawrence Zlatkin set to testify as IRS scrutiny and CAMT backlash have shaped debate over crypto policy.
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Ethereum Co-Founder Vitalik Buterin Introduces Fusaka: Ethereum’s Most Ambitious Scaling Solution Yet
Ethereum co-founder Vitalik Buterin has unveiled Fusaka as the network’s most ambitious scaling upgrade, set to activate on December 3 with revolutionary technology that eliminates the need for any single computer to download complete blockchain data. The upgrade introduces PeerDAS, allowing validator nodes to verify information by checking small random pieces rather than entire data […]
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Hong Kong Sounds Alarm on Unapproved Digital Yuan Stablecoins Amid Market Surge
The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumours that the world’s first offshore yuan-pegged stablecoin has been issued in the city.
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Senators Call For Probe Into Top Trump Administration Officials,
Senators Elizabeth Warren (D-MA) and Elissa Slotkin (D-NY) are pushing three key oversight officials to probe key Trump administration officials connected to U.S. President Donald Trump’s World Liberty Financial, a September 24 letter from the two U.S. lawmakers reads.Senators Push For ProbeAccording to the Wednesday letter, Slotkin and Warren want a probe launched into David […]
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South Korean Ruling Party Launches Crypto Policy-Forming Task Force
The South Korean Democratic Party (DP) says it has launched a new crypto policy-making task force, vowing to “foster growth” in the crypto and blockchain sectors.
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APAC Leads Global Crypto Uptick, Japan Records Strongest Growth
APAC is now crypto’s fastest-growing region, with monthly volumes up 201%, rising from $81B in mid-2022 to $244B by end-2024, Chainalysis said.
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Bitcoin Price Prediction: Can Jiuzi’s $1B Bet and Belarus Fuel Breakout?
Jiuzi’s $1B crypto hedge and Belarus adoption fuel hype – Bitcoin price prediction signals a breakout setup traders can’t ignore.
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Australia Plans Fines Up To 10% Of Turnover For Crypto Rule Breaches
Australia’s draft law would fine crypto platforms up to 10% of annual turnover or A$16.5m for breaching new licensing and conduct rules.
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