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STABLE Act U.S. Bill Sets Rules for Dollar-backed Stablecoins

STABLE Act: U.S. Bill Sets Rules for Dollar-backed Stablecoins

The U.S. House Financial Services Committee has adopted the STABLE Act, a legislative initiative aimed at creating a clear framework for dollar-denominated stablecoins. With a vote of 32 to 17, the bill establishes requirements for reserves, compliance with anti-money laundering regulations, and issuer transparency. This move comes amid growing

North Koreans pose as IT workers and infiltrate crypto startups in Europe

North Koreans pose as IT workers and infiltrate crypto startups in Europe

A report published on Tuesday by Google Threat Intelligence Group (GTIG) reveals that IT workers associated with the Democratic People’s Republic of Korea (DPRK) have infiltrated crypto projects in the European Union and the United Kingdom. These individuals operated as remote developers in Solana-based startups across the UK, Germany,

Sony Singapore Now Accepts USDC Payments

Sony Singapore Now Accepts USDC Payments

Sony Singapore has introduced the option to pay with USD Coin (USDC) through Crypto.com Pay, marking a significant step in integrating cryptocurrencies into e-commerce. Currently, the feature is available only in the company’s online store and is limited to USDC, but Sony has suggested that it may add

Mastercard Expands Blockchain Network Bridging Traditional Finance and DeFi

Mastercard Expands Blockchain Network: Bridging Traditional Finance and DeFi

Mastercard, one of the world's largest payment companies, continues to expand its blockchain infrastructure, advancing initiatives aimed at facilitating transactions between fiat currencies and digital assets. This move comes amid growing demand for solutions that connect traditional finance with the crypto and DeFi sectors. One of the main

USDC is Now Available on the Polkadot Network

USDC is Now Available on the Polkadot Network

Circle, the issuer of the USD Coin (USDC) stablecoin, has launched USDC on the Polkadot network, expanding the token’s native operations to 14 blockchain networks, including Ethereum, Solana, and Avalanche. According to an announcement published on Circle’s official blog on September 19, developers and users on the Polkadot

SKChain and PwC develop a blockchain-based digital identity system

SKChain and PwC develop a blockchain-based digital identity system

SKChain Advisors and PwC Italy are collaborating to develop a blockchain-based digital identity system for the European market. The solution leverages Self-Sovereign Identity (SSI) technology to enhance security and compliance in digital platform access for companies and customers in the EU. PwC Italy has experience in deploying blockchain solutions across

Visa launches VTAP platform on Ethereum blockchain for banks

Visa launches VTAP platform on Ethereum blockchain for banks

Visa has announced the launch of the Visa Tokenized Asset Platform (VTAP) on the Ethereum blockchain, aimed at enabling banks to issue and manage fiat-backed tokens. The platform will be available through pilot programs starting at the end of this year. VTAP will allow financial institutions to experiment and create