In a major turn in the Libra token scandal, a U.S. federal judge has ordered the unfreezing of $57.6 million in stablecoins. The decision grants controversial memecoin promoter Hayden Davis and former decentralised exchange head Ben Chow access to funds frozen earlier...
Synopsis- Terraform Labs founder Do Kwon has pleaded guilty to conspiracy and wire fraud charges in the $60 billion Terra/Luna collapse, admitting he knowingly deceived investors about the stability of his algorithmic stablecoin. Terraform Labs founder Do Kwon has...
Synopsis- This September, Ghana will again glow as the heart of a booming digital finance movement. The Africa Money & DeFi Summit is returning to Accra for its third edition, gathering over 500 leaders, investors, and innovators from the world of fintech,...
Hong Kong’s financial heavyweights are scrambling. Over 40 major banks, tech firms, and payment processors seek stablecoin licenses. Applications open August 1st under a new city law. Yet regulators expect just a tiny handful to win approval. This creates an...
Hong Kong boldly accelerates its crypto ambitions. The government just unveiled its second major digital asset policy statement. It aims to solidify its position as a global crypto hub. The new plan prioritises strong investor protection and risk management....
Major cryptocurrency player Tether is pushing for influence at iconic Italian soccer club Juventus. The stablecoin issuer, now the team’s second-largest owner, formally requested a board position and participation in club funding. This move signals...
World Liberty Financial (WLF), the crypto venture linked to President Donald Trump, is gearing up for significant announcements. The company plans to release its first audit for the USD1 stablecoin very soon. Simultaneously, it will launch a mobile app targeting...
Jack Ma’s fintech giant is making a decisive move into digital currencies. Ant International, the global arm of Alipay-owner Ant Group, actively pursues stablecoin licences. Specifically, it targets Hong Kong and Singapore first. This strategic push leverages...
Tether, the powerhouse behind the world’s most traded stablecoin, USDT, just unveiled a $1 billion operating profit for Q1 2025 yet cracks in its armour are sparking global debate. Despite holding $5.6 billion in excess reserves, the figure marks its lowest cushion...
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