Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in
Read more
MHC Digital, Circle collaborate to expand USDC access in APAC region
Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin.
Read more
Japan to Review Crypto Regulations, Potentially Easing Tax Burden
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current
Read more
Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations
The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline
Read more
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of
Read moreFed’s dovish move will slash $625M in interest income for stablecoins
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by
Read more