Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the...
Stablecoin
Amid the continued growth of cryptocurrencies, Hong Kong is now taking notable strides towards establishing a comprehensive regulatory environment for...
Bima Labs, the developer behind the Bitcoin-backed stablecoin USBD, has recently announced a successful seed funding round of $2.25 million....
Hong Kong is on track to establish its regulatory position as the city is expected to unravel its stablecoin regulatory...
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) announced its upcoming release of the stablecoin consultation report results. This...
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.Source: CoinTelegraph
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks...
Prominent stablecoin issuer Tether has frozen a TRON wallet, TNVaKW, containing $29.62 million in USDT tokens, suspected to be linked...
Hong Kong authorities are reportedly gaining experience in handling crimes involving cryptocurrencies. According to a recent report, authorities in Hong...
Asset manager DWS is planning to launch the first regulated euro-backed stablecoin in 2025 under a new joint venture firm...