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JD.com and Ant Group Lobby China Central Bank for Offshore Yuan Stablecoins to Boost Yuan and Counter USDT
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
Amundi Warns US Stablecoin Rules Could Rattle Global Payments
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.
Amina Bank Adds Ripple's RLUSD Stablecoin
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
Addentax Plans $1.3 Billion Bitcoin Deal Despite Tiny Market Cap
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
Thiel and Luckey Launch Erebor Bank for Crypto Startups
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
Tom Lee Predicts Goldman Sachs, JPMorgan Will Buy Ethereum to Support Stablecoin Operations
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
SEC Stays Approval of Grayscale Multi-Asset Crypto ETF
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
Belgium’s KBC Bank With $300 Billion Assets to Launch Bitcoin and Ether Trading on Bolero Platform Pending Autumn 2025 Approval
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
Ripple Seeks US Banking License as Crypto Firms Move Toward Mainstream Finance
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.
SEC Chair Atkins Calls Asset Tokenization a Key Innovation, Stresses Transparency
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