DeepNewz

Regulation & Politics
JD.com and Ant Group Lobby China Central Bank for Offshore Yuan Stablecoins to Boost Yuan and Counter USDT
China's leading technology companies, including JD.com and Alibaba's fintech affiliate Ant Group, are actively lobbying the People's Bank of China to authorize the issuance of yuan-based stablecoins

Regulation & Politics
Amundi Warns US Stablecoin Rules Could Rattle Global Payments
Amundi, the €2.1 trillion* French asset-management firm that is the largest in Europe, cautioned on Thursday that the United States’ emerging stablecoin rules could undermine the stability of the global payments network.

TradFi & Fintech
Amina Bank Adds Ripple's RLUSD Stablecoin
Ripple has partnered with London-based financial-infrastructure firm OpenPayd to integrate real-time euro and pound payment rails into Ripple Payments and provide direct mint-and-burn capabilities for Ripple USD (RLUSD), the company’s dollar-backed stablecoin

Blockchains
Addentax Plans $1.3 Billion Bitcoin Deal Despite Tiny Market Cap
Nasdaq-listed Addentax Group Corp. said it has entered into a non-binding term sheet to buy as many as 12,000 Bitcoin

TradFi & Fintech
Thiel and Luckey Launch Erebor Bank for Crypto Startups
Tech investors Peter Thiel, Palmer Luckey and Joe Lonsdale have teamed up to create Erebor, a digital-first commercial bank designed for cryptocurrency firms and venture-backed technology startups

TradFi & Fintech
Tom Lee Predicts Goldman Sachs, JPMorgan Will Buy Ethereum to Support Stablecoin Operations
Tom Lee, a well-known market strategist, has forecasted that major banks such as Goldman Sachs and JPMorgan are likely to adopt Ethereum (ETH) as a foundational infrastructure for their stablecoin operations

Regulation & Politics
SEC Stays Approval of Grayscale Multi-Asset Crypto ETF
The U.S. Securities and Exchange Commission has stayed a July 1 decision made by a delegated authority

TradFi & Fintech
Belgium’s KBC Bank With $300 Billion Assets to Launch Bitcoin and Ether Trading on Bolero Platform Pending Autumn 2025 Approval
Belgium’s KBC Bank, the country’s second-largest banking institution with approximately 4 million users and $300 billion in assets, plans to enable retail clients to trade Bitcoin (BTC) and Ether (ETH) through its Bolero investment platform

TradFi & Fintech
Ripple Seeks US Banking License as Crypto Firms Move Toward Mainstream Finance
Ripple Labs has applied for a U.S. national banking license, according to the Wall Street Journal.

Regulation & Politics
SEC Chair Atkins Calls Asset Tokenization a Key Innovation, Stresses Transparency
U.S. Securities and Exchange Commission Chair Paul Atkins said the agency views asset tokenization as a significant financial innovation





