Latest updates, press releases, and insights from the volatile world of digital assets.
Sen. Richard Blumenthal has requested detailed documents from Tether and Nxum Group over more than $6 million in reported payments linked to Bo Hines during his government service
J.P. Morgan Asset Management makes MONY and JLTXX available on Solana for qualified U.S. investors via its Morgan Money platform, extending multi-chain access for institutional cash management
HSBC has started making its Hong Kong dollar stablecoin available through the PayMe app for peer-to-peer transfers and merchant payments, with tokenized investment features planned later this year
Former employee and shareholder of stablecoin issuer Circle has filed a federal lawsuit accusing President Donald Trump of violating the Foreign Emoluments Clause through cryptocurrency ventures tied to foreign investment
Ripple has joined forces with Arf to deliver RLUSD-powered settlement liquidity directly on the XRP Ledger, giving licensed payment firms short-term working capital for cross-border transactions without tying up large reserves in multiple markets
Nationally chartered bank launches SOFIE, allowing customers to earn interest on digital dollars before converting them for crypto trades or blockchain transfers
Crypto custody firm rejects claims of late-stage negotiations as payment networks intensify efforts in digital assets and stablecoins
Tokenization platform gains direct access to federally issued digital dollars for institutional settlement, eliminating third-party intermediaries
South Korea’s Shinhan Card and two SBI Holdings subsidiaries signed an agreement to explore yen-backed stablecoin use in card payments, wallet transfers and trade settlement between the countries
Stablecoin issuer backs expansion of payment rails linking USDT to banking systems, merchant tools and food delivery in four countries amid Bolivia’s dollar constraints
