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Circle Partner With Sony’s Soneium to Expand USDC Adoption

In August, electronics giant Sony launched Soneium, a layer-2 blockchain, and established Sony Block Solutions Labs (Sony BSL) to spearhead its...

Fed slaps crypto-friendly banks for ‘deficiencies’

Steven Stradbrooke The U.S. Federal Reserve has slapped down a crypto-friendly bank in Texas, while other banks urged the Fed not to...

Coinbase hopes AI to reduce frequency of exchange’s outages

Steven Stradbrooke Coinbase (NASDAQ: COIN) is turning to artificial intelligence (AI) in a bid to fix the digital asset exchange’s habit of going...

Coinbase hopes AI will reduce frequency of exchange’s outages

Steven Stradbrooke Coinbase (NASDAQ: COIN) is turning to artificial intelligence (AI) in a bid to fix the digital asset exchange’s habit of going...

‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch

Steven Stradbrooke ‘Crypto’ firms account for nearly half of all corporate political donations in the U.S. 2024 election cycle, while debate rages...

How Apple’s Decision to Open iOS NFC Access May Benefit the Crypto Sector

Apple recently announced that it will soon allow third party developers from countries in the European Union (EU) and select other...

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins

James Field Hong Kong could be set to introduce enhanced digital asset regulations within the next 18 months, according to a Legislative...

Tether sued for $3.5 billion for liquidating Celsius loan collateral

Steven Stradbrooke The administrators of the bankrupt Celsius Network have sued to recover billions of dollars worth of “preferential and fraudulent transfers”...

Coinbase profits plunge as retail traders lose their appetite for self-destruction

Steven Stradbrooke The Coinbase (NASDAQ: COIN) digital asset exchange saw its transaction revenue and profit plunge in the second quarter, as both retail...

FSB paper tackles stablecoin risks to emerging markets, developing economies

James Field The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, released a...

Hong Kong unveils stablecoin consultation results

Steve Kaaru Two of Hong Kong’s leading financial regulators have bared the results of stablecoin consultations conducted in 2023 as the city-state’s...

Trump’s VP pick JD Vance has ‘crypto’ bros cracking their wallets and licking their chops

Steven Stradbrooke Donald Trump wants to save ‘crypto’ from a Chinese takeover, while his selection of a ‘crypto-friendly’ running mate JD Vance...

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