The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong…
Opinion by: Kevin de Patoul, co-founder and CEO of Keyrock There’s a certain déjà vu in crypto right now. Real-world assets (RWAs), tokenized funds and onchain treasuries are all buzzwords we’ve spoken about for years. In 2022, when hype far outpaced real adoption, a report by BCG projected that the total size of tokenized assets…
As EU lawmakers near a decision on the “Chat Control” law, privacy experts warn it could break public trust in digital communication and push users toward Web3 platforms. As European lawmakers near a decision on the controversial “Chat Control” legislation, privacy experts warn it could break public trust in digital communication and push users toward…
The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the…
Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves. On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption. A day…
The European Union will include cryptocurrency platforms in its latest financial sanctions against Russia, marking the first time digital asset services have been directly targeted. The measures, part of the bloc’s 19th sanctions package, prohibit all cryptocurrency transactions for Russian residents and restrict dealings with foreign banks tied to Russia’s alternative payment systems, according to…
Amid growing interest in practical ways to scale and safeguard blockchains, hardware‑based approaches are coming into focus. The role of Trusted Execution Environments (TEEs) in blockchain systems has gradually expanded from privacy-preserving projects to applications that improve scalability and enable secure offchain computation. Currently, over 50 teams are working on TEE-based blockchain projects. In this…
Opinion by: Debanjan Chatterjee, financial analyst The trajectory of the stablecoin industry is heavily influenced by warring factions on opposite sides debating possible criminal use. Stablecoin opposers point to transfers of illicit funds. Proponents argue that the transparent nature of blockchains can be used to detect such crimes. There is a lack of awareness of…
The Royal Government of Bhutan transferred more than $100 million worth of Bitcoin this week, raising concerns about potential sell pressure in the market just as the US Federal Reserve delivered its first interest rate cut of 2025. The Bhutan government-labelled wallet moved 913 Bitcoin (BTC) worth around $107 million into two newly-created cryptocurrency wallets…
Donald Trump-backed crypto project World Liberty Financial has passed a governance proposal to reduce the supply and boost the value of its native cryptocurrency following its disappointing price performance since launch. On Thursday, the Trump family-backed platform passed a governance vote that seeks to use 100% of the project’s treasury’s liquidity fees for World Liberty…