Western Union Enters the World of Crypto and Web3
Western Union enters the crypto sector: stablecoins, digital wallets and blockchain services on the way.
Stablecoins
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
55 Posts
USDG: The First Regulated MiCA Stablecoin
Paxos launches USDG, the first MiCA-regulated stablecoin, marked by transparency, FMA licensing and full compliance with EU regulations.
Standard Chartered focuses on crypto and stablecoin trading
Standard Chartered launches spot trading of Bitcoin and Ethereum, but investors' attention quickly shifts to stablecoins.
UK and US divided on stablecoins, BoE warning
The Governor of the Bank of England harshly criticises stablecoins, widening the gap with the favourable approach of the US.
South Korea: Won-anchored Stablecoin Coming Soon
Major South Korean banks launch a stablecoin pegged to the won to counter the growth of foreign stable currencies.
Russian Stablecoin A7A5 Moves $9.3Bn In 4 Months
The ruble-linked A7A5 stablecoin moved $9.3 billion in just four months, raising questions about possible links to Russian sanctions and exchanges.
Dark Web Markets Revive After Telegram Crackdown
After the closure of Huione by Telegram, new Dark Web platforms such as Tudou Guarantee recorded billions of dollars in transactions.
Walmart and Amazon Aim for Digital Dollar Stablecoins
Walmart and Amazon are planning digital dollar stablecoins to reduce payment processing costs. The Senate vote on the GENIUS Act on 17 June could pave the way for a new era for digital retail under a federal regulatory framework.
Stablecoin Boom: $228Bn, Banks and Corporates Enter
The stablecoin market touches $228 billion: boom in adoption by global banks and Fortune 500 companies.
Circle criticised by Arca for excessively narrow IPO
Jeff Dorman of Arca publicly attacked Circle for the poor allocation received during the $1.05 billion IPO, closing the accounts in protest.
Bank of Italy: Crypto Risky for Financial Stability
The Bank of Italy raises the alarm: cryptocurrencies threaten the financial stability and economic health of companies and investors.
Digital Euro: Key to Financial Stability
The Governor of the Bank of Italy proposes the digital euro as an essential tool to guarantee economic stability against the risks of cryptocurrencies.
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