Visa backs OpenUSD to challenge Circle
Visa has backed the OpenUSD stablecoin platform, increasing competition in the digital payments market as Circle expands its own stablecoin business.
Visa has backed the OpenUSD stablecoin platform, increasing competition in the digital payments market as Circle expands its own stablecoin business.
Citadel Securities has invested US$400 million in Crypto.com, valuing the cryptocurrency exchange at US$20 billion.
ARK Invest and Sentora, which is backed by Andreessen Horowitz (a16z), have published a new investment thesis arguing that decentralised finance (DeFi) is entering a new phase of institutional adoption.
The Financial Action Task Force (FATF) has urged governments to strengthen anti-money laundering (AML) enforcement for cryptocurrencies, warning that criminals are making greater use of stablecoins.
The market value of tokenised stocks has climbed to a record US$23 billion, reflecting accelerating demand for blockchain-based versions of traditional securities.
Injective (CRYPTO:INJ) has applied for registration with the US Securities and Exchange Commission (SEC) as a transfer agent to bring securities ownership records on-chain.
MoonPay has acquired Glide to expand its cryptocurrency deposit capabilities and simplify how users transfer digital assets into wallets.
Pakistan's crypto regulator is seeking to prevent a proposed ban on asset-backed tokens, arguing they should remain available under an appropriate regulatory framework.
Federal Reserve Vice Chair Philip Jefferson suggests the central bank should consider raising interest rates if inflation doesn't cool soon during remarks at an event in Stanford, California.
Ondo Finance (CRYPTO:ONDO) climbed 15% after announcing a partnership with SBI Group to expand tokenised financial products in Japan.
SenseTime Co founder, Chairman and CEO Xu Li talks to Bloomberg TV's Minmin Low on the company's evolution beyond computer vision into native multimodal AI, its differentiation strategy with SenseNova, profitability amid scarce computing resources, and supply chain diversification in the face of export controls. Xu also addressed geopolitical risks and how SenseTime is navigating technology restrictions while leveraging domestic GPU partners.
Morgan Stanley subsidiary E*TRADE will launch spot cryptocurrency trading for retail investors, expanding its digital asset offerings.