Timmy Shen

The IMF warned that stablecoins could speed up currency substitution in countries with weak monetary systems.

After clearing the hearing, a company typically moves on to prospectus registration, followed by marketing, book-building and pricing.

Nine European banks, including ING and UniCredit, have formed a consortium aimed to develop a euro-backed stablecoin.

Kaia and LINE NEXT plan to launch the beta version of the 'Project Unify' super-app later this year on LINE's Dapp Portal.

European Commission Adviser Peter Kerstens said that the Commission is on track to make proposals about the Savings and Investment Union.

Western Union CEO Devin McGranahan told Bloomberg that it is exploring ways to offer on-ramp and off-ramp stablecoin services.

Chainalysis says stablecoins occupied majority of illicit crypto transaction volume in 2024

Daren Li, 41, pleaded guilty to conspiracy to commit money laundering in a $73 million “pig butchering” scheme.

MUFG, SMBC and Mizuho banks are set to trial a platform using stablecoins to facilitate cross-border transfers.

The Japanese banking giant intends to explore the issuance of yen- and US dollar-denominated stablecoins in Japan.

Conflux and AnchorX are conducting beta-testing of AxHKD, designed to maintain a 1:1 peg with the Hong Kong dollar.

<p><span style=“font-weight: 400;”>Chinese financial watchdogs and police in a city in the Liaoning province released a notice urging investors to beware of “illegal fundraising activities” disguised as lucrative investment opportunities involving cryptocurrency and the metaverse as China continues its crackdown on crypto-related fraud amid a ban on crypto trading.</span></p> <p><span style=“font-weight: 400;”>In the joint </span><a href=“http://www.csrc.gov.cn/dalian/c104245/c7463692/content.s…

United Nations identifies USDT as prominent choice for fraud in SEA: FT

Hong Kong’s crypto-friendly policy could mean the Chinese government is becoming more open to crypto initiatives, Chainalysis said.