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Latest News
Visa and Mastercard Build Stablecoin Rails Into Card Networks
Visa's stablecoin settlement has scaled to a $7 billion annualized run rate as card networks position themselves as the connective layer for digital dollars.
Path Clears for Bank-Issued Stablecoins as Early as Late 2026
The GENIUS Act lets any FDIC-insured bank apply to issue payment stablecoins through a subsidiary, with the first bank-issued tokens expected by early 2027.
Japan and South Korea Rewrite Crypto's Legal Status in the Same Week
Japan reclassified crypto as a financial instrument while South Korea folded digital assets into its National Asset Basic Act, both in the same July week.
Hong Kong Tightens Crypto Rules as Asia's Regulatory Paths Diverge
As Japan reclassifies crypto as a financial instrument and South Korea opens its doors to corporate holders, Hong Kong is moving in the opposite direction.
GENIUS Act Deadline Splits Stablecoin Market Between USDC and USDT
A July 18 deadline for finalizing GENIUS Act rules is widening the compliance gap between USDC and Tether's offshore USDT.
Bank of Korea Clashes With Regulator Over Who Can Issue Stablecoins
The Bank of Korea wants stablecoin issuers to be at least 51% bank-owned, a rule the country's securities regulator says would shut out tech firms.