Payments
Industry News

Pakistan crypto chief seeks dialogue after scholar rules against crypto payments

Pakistan’s virtual-assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made…
Markets

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely resume their long-term…
Infrastructure

Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

Stablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps explain the scale…
Institutional

Circle can now open a US trust bank but cannot take ordinary deposits or make loans

Circle National Trust starts with custody for Circle and affiliates, while outside institutional custody and USDC reserve management remain future possibilities. The post Circle can…
Institutional

Circle Wins Final Federal Approval for Its National Trust Bank, Starting With Custody

The USDC issuer’s new bank will open by offering fiduciary custody for Circle and its affiliates, with management of the stablecoin’s reserves pushed to a…
Payments

Circle’s Stock Tanked 19% on OUSD’s Announcement. How Justified Was the Reaction?

The stablecoin world has a new entrant and its announcement has had at least some Circle investors shaking in their britches. Circle’s stock fell nearly…
Institutional

Circle (CRCL) Wins Final OCC Approval for National Trust Bank

Bitcoin Magazine Circle (CRCL) Wins Final OCC Approval for National Trust Bank Circle won final OCC approval to establish a national trust bank, allowing it…
Payments

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump’s refusal to sign Congress’ bipartisan housing bill, it’s set to go into effect at midnight, and its temporary CBDC ban along…
Payments

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump’s refusal to sign Congress’ bipartisan housing bill, it’s set to go into effect at midnight, and its temporary CBDC ban along…
Payments

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. Read Full Story at Coindesk.com →