Cybrid reported that 88% of surveyed businesses are likely to use stablecoins within the next 12 months, while 42% already use them for cross-border payments and only 2% remain committed to traditional payment rails.
Massachusetts Attorney General won approval to file an amended lawsuit against Kalshi, adding allegations that the prediction markets platform targeted users under 21 while offering sports event contracts without a state licence.
The US Securities and Exchange Commission (SEC) has opened a 60-day public consultation on whether existing rules adequately regulate exchange-traded funds using new asset classes and investment strategies.
WT Financial Group (ASX:WTL) has completed the sale of its Vesta B2C subsidiaries for a $450,000 cash payment.
Open Standard announced the Open USD stablecoin project, backed by more than 140 financial and crypto companies, with businesses able to mint tokens without fees or volume limits while retaining earnings from reserve assets.
Comms Group (ASX:CCG) executed an agreement to sell its IT managed services division, OnPlatinum, to Thinkex Holdings.
MetaMask, developed by Consensys, launched Money Account, which it says allows eligible users to earn up to 4% variable annual percentage yield (APY) on MetaMask USD (CRYPTO:MUSD).
Rincon Resources (ASX:RCR) signed an agreement with Maverick Minerals Australia (ASX:M96) to divest 90% of its interest in the West Arunta Project.
South32 (ASX:S32) executed an agreement to sell its aluminium assets to Alcoa (NYSE:AA) for up to US$5.6 billion.
An Australian court ruled that airline Regional Express Holdings or Rex Airlines breached continuous disclosure laws over a 2023 profit forecast.
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