The government of Uzbekistan has initiated a pilot programme to test a stablecoin pegged to the national currency, the Uzbek som, with backing from government
Category: Industry
Bitmine Immersion Technologies Acquires Additional Ether, Progressing Toward 5% Supply Target
Bitmine Immersion Technologies, the largest corporate holder of Ether, has increased its holdings by 28,086 ETH, valued at $69.5 million, bringing its total to 5.93
Tether and Fasanara Capital Launch $400M Private Credit Fund Targeting $3 Billion in Institutional Investments
Tether and Fasanara Capital have launched a private credit fund named StableFund, backed by $400 million from the two firms, with ambitions to raise up
Strive Acquires 1,375 Bitcoin, Boosting Holdings to 24,531 BTC
Strive (ASST) has acquired 1,375 bitcoin, valued at approximately $109 million, between August 31 and September 4, raising its total holdings to 24,531 BTC. The
U.S. Bank Completes Cross-Border Payment Using Proprietary Stablecoin on Stellar Blockchain
U.S. Bank has successfully executed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain, marking a key milestone in its exploration
Hyperliquid Policy Center Files Brief Supporting CFTC in Dispute Over Perpetual Futures
The Hyperliquid Policy Center (HPC) has filed an amicus brief in a U.S. District Court backing the Commodity Futures Trading Commission (CFTC) amid a legal
Block Applies for Fed-Regulated Trust Bank to Custody Crypto Assets
Block, the payments company founded by Jack Dorsey, has applied to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank &
Italy’s Central Bank Mandates Sanctions Screening for Crypto Transfers to Curb Illicit Flows
Italy’s central bank has required cryptocurrency asset service providers to implement measures to enforce EU financial sanctions on crypto transfers, targeting illicit flows linked to
Coinbase seeks SEC approval to list 24/7 equity perpetuals, awaits CFTC sign-off
Coinbase has filed a notice registration with the U.S. Securities and Exchange Commission (SEC) to list 24/7 equity perpetuals, according to its Chief Policy Officer,
Diameter Pay Raises $10 Million in Series A Funding for Stablecoin Payments Infrastructure
Diameter Pay, a stablecoin payments infrastructure firm, has secured $10 million in Series A funding led by CMT Digital and Lightspeed Faction. The round, which