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ANT GROUP STABLECOIN
Stablecoins are like e-mail in a fax-machine worldStablecoins are at a turning point, poised to shift from niche crypto tools to mainstream payment solutions—much like email once replaced f...
Chinese tech giants pause stablecoin plans after Beijing steps in, FT reportsCompanies have put their stablecoin ambitions on hold after receiving instructions from Chinese regulators, including the People's Bank of ...
Hong Kong taxis are a perfect stablecoin test caseHong Kong's taxis are now mandated to accept digital payments, potentially opening the door for stablecoin adoption. With new licensing for...
Trump momentum drives stablecoin urgency in Asian financial hubsTrump’s support for dollar-pegged stablecoins is spurring Asian nations to fast-track crypto regulations. Countries like South Korea, Hong ...
Jack Ma-backed Ant to add Circle’s Stablecoin to global netAnt Group is collaborating with Circle to integrate the USDC stablecoin. This will be on Ant's blockchain platform. The move follows US reg...
Ant International 'seriously considering' stablecoin license applicationsAnt International, the overseas arm of Ant Group, is considering stablecoin license applications globally. Focusing on global payments—not ...
J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by halfJ.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimi...
China's tech giants lobby for offshore yuan stablecoin, sources sayStablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly the U.S. dollar but also in some cas...
Hong Kong-based crypto platform OSL shares jump on Canadian acquisitionOSL Group's shares surged 10% after acquiring Canada’s Banxa, boosting global expansion in digital assets. The firm eyes stablecoin issuanc...
Ant unit plans to apply for stablecoin issuer license in Hong KongAnt Group’s overseas arm, Ant International, plans to apply for a stablecoin issuer license in Hong Kong after new regulations take effect ...
Bruised by stock market, Chinese rush into banned bitcoinChinese investors are turning to cryptocurrencies as a safe haven amid the country's economic downturn and crumbling stock and property mar...
Asian consumers could soon be paying with stablecoinsHong Kong put out a proposal last week to license stablecoins. Singapore has already announced similar intentions. It’s very likely that be...
Will Elon Musk succeed in his ambitions of taking on big US bankers?Elon Musk's musings indicate that he wants Twitter to be more like Tencent Holdings Ltd.’s WeChat, a messaging service turned super-app use...
Elon Musk the banker wants to take on Dimon where Google failedElon Musk's plan to turn Twitter into a one-stop shop for financial services is not the first time a tech giant has attempted to enter the ...
ED freezes another Rs 370 crore in crypto probe; EarlySalary eyes $100M fundingThe ED says it has frozen assets worth Rs 370 crore of a Bengaluru company that parked its funds with the crypto exchange Flipvolt and used...
Smartkarma Research: Crypto mining industry series: Time to focus on efficient crypto minersIn July, crypto assets bottomed and stabilized after heavy losses, but we think crypto winter is here to stay. Therefore, we model an avera...
DeFi can't hold a candle to the centuries-old trust-based system called hawalaThe appeal of changing money into TerraUSD, a stablecoin that promised 1:1 convertibility into dollars, lay in the near-20% yield on TerraU...
Byju’s eyes multi-billion-dollar deals, may acquire Chegg; banks raise fintech concerns with RBIByju Raveendran told us in an interview that the next 12 months will be the best time to acquire companies, and that Byju’s is looking at s...
Central banks, BIS develop digital currencies platform prototypeCodenamed “Project Dunbar,” the development also proves that financial institutions could use central bank digital currencies to transact d...