JPMorgan Chase Chief Executive Officer Jamie Dimon praised the growth and execution speed of digital banking platform Revolut while simultaneously criticising proposed US crypto legislation that could benefit stablecoin issuers and digital asset firms.
Ripple has expanded its USD-backed stablecoin RLUSD into Turkey through partnerships with Bilira, Bitexen and Bitlo, targeting one of the world's most active cryptocurrency markets.
Tether and Fasset have launched a gold-backed Visa card that allows users to spend fiat currencies while earning rewards in Tether Gold (XAUT), as the companies seek to expand real-world use cases for tokenised precious metals.
Binance will discontinue support for non-fungible tokens on its exchange and transition NFT management to its self-custodial Binance Wallet as the company streamlines its Web3 product offering.
Binance has disclosed a revenue-sharing arrangement with brokerage and custody infrastructure provider Alpaca, revealing how the cryptocurrency exchange generates income from its growing stock and exchange-traded fund trading business.
Business payments are emerging as one of the fastest-growing use cases for stablecoins as companies increasingly adopt blockchain-based settlement tools for cross-border transactions.
A court in Qingdao, China, has ruled that Bitcoin qualifies as property under criminal law, establishing an important legal precedent in a cryptocurrency theft case involving 107 BTC.
Revolut plans to integrate stablecoins into its future US banking platform as the fintech company expands its regulated financial services offering in the world's largest banking market.
Payward Services, a Kraken-affiliated company, will soon allow retail investors to participate in US initial public offerings at the offering price through a new tokenised equities programme.
Zcash developers restored Orchard transactions after deploying an emergency network upgrade to address a critical vulnerability discovered in the privacy-focused blockchain’s latest shielded pool.
Russian ruble-backed stablecoin A7A5 has processed more than $110 billion in cumulative onchain transactions despite Western sanctions aimed at restricting its use, according to blockchain security firm CertiK.
Bitmine Immersion Technologies is seeking to raise up to $300 million through a perpetual preferred stock offering carrying a 9.5% annual dividend as the Ethereum treasury company expands its funding options.
