Japan stablecoin issuers could fill central bank’s bond-buying gap: Report
Japan’s first yen stablecoin issuer, JPYC, said growing demand could make stablecoin reserves a new force in the country’s bond market.
Kraken co-CEO warns UK rules meant to protect users now punish them: FT
Arjun Sethi criticized the UK’s crypto regulations for burdening users with excessive disclaimers, saying they worsen customer experience.
Bridge is a compliant crypto communication tool that ‘doesn’t suck’
While Telegram and WhatsApp are fine for most retail users, institutions are held to higher standards when it comes to compliant messaging apps.
JPMorgan rolls out JPM Coin deposit token for instant payments on Base
JPMorgan Chase has begun deploying its deposit token, JPM Coin, allowing institutional clients to make instant 24/7 transfers of US dollar deposits on Base.
Bitcoin ETFs roar back with $524M inflows in best day since market crash
Smart money traders have also added $8.5 million worth of net long Bitcoin positions, signaling growing optimism among the industry’s most successful traders.
Arthur Hayes tells Zcash holders to withdraw from CEXs and ‘shield’ assets
Hayes’ call to self-custody Zcash highlights renewed focus on privacy coins as the sector sees sharp price swings and mixed performances.
Coinbase Business launches in Singapore to reshape payments with USDC
Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more.
Morgan Stanley says it’s harvest time as Bitcoin enters ‘fall’ season
Morgan Stanley’s Denny Galindo likens Bitcoin’s cycle to the seasons, warning that the market’s “fall” phase is a time to secure gains before a downturn.
Visa pilots fiat-funded stablecoin payouts for US businesses
Visa is piloting a service allowing US dollar stablecoin payouts to crypto wallets from business accounts funded with fiat currency.
UAE’s ‘digital dirham’ CBDC pilot completes first transaction
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.