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Hong Kong enacts legislation to regulate fiat-backed stablecoins
A licensing framework for stablecoin issuers has been introduced through the new law, as efforts are being made by the city to strike a...
Circle challenges SWIFT with new cross-border payments network
The Circle Payments Network enables faster, more cost-effective, and transparent international payments by settling transactions through the USDC stablecoin.
Recently, Circle launched the mainnet of...
Russia moves to confiscate Crypto amid crackdown on domestic transactions
It has been emphasized by Russian authorities that the use of cryptocurrency for domestic payments is prohibited, while its potential application in international transactions...
Bitcoin hits new highs while strategy stock lags — Here’s what’s holding it back
Strategy is forming a bullish pattern that mirrors Bitcoin’s recent breakout. As it tests resistance, a potential pullback to a strong support level could...
Bitcoin retreats swiftly from all-time high amid rising interest rates and risk asset selloff
A further blow was dealt to the already pressured bond market after a lackluster auction of long-term U.S. Treasury debt was conducted.
Bitcoin (BTC) reached...