Nine banking giants are banding together to launch a stablecoin, potentially disrupting the dominance of Tether and Circle and reshaping the future of digital finance.
Major financial institutions including Bank of America, Citi, and Goldman Sachs are reportedly collaborating on a stablecoin pegged to G7 currencies, signaling a potential shift in the financial landscape.
Bitcoin, Ethereum, and traditional markets react negatively to potential US-China trade war escalation.
Proposed legislation could severely curtail DeFi innovation in the US, pushing development overseas and halting bipartisan crypto talks.
A controversial 'restricted list' for DeFi protocols proposed by Senate Democrats has stalled bipartisan crypto market structure negotiations, raising concerns about the future of decentralized finance in the US.
Vietnamese government explores partnerships with Tether to foster crypto adoption and build a regulatory framework.
Vietnamese government signals openness to crypto, invites Tether to collaborate on regulatory framework and market growth.
EU officials push for euro-backed stablecoins and a digital euro to challenge U.S. dollar dominance in the crypto space and bolster financial sovereignty.
Tax authorities in South Korea are intensifying efforts to collect unpaid taxes, threatening to confiscate crypto cold wallets from delinquent taxpayers.
Korean tax authorities are taking a hardline stance, threatening to seize offline crypto wallets to recover unpaid taxes.