Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar...
OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking – CoinJournal
SAN FRANCISCO, UNITED STATES, June 1st, 2023, Chainwire With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn...
Michael Novogratz says Bitcoin will soon be ‘off to the races’
Bitcoin ended May down 8.0% – its worth month since November. Galaxy Digital CEO Michael Novogratz is still bullish on BTC. He explained why this...
Fed board issues order to Silvergate Bank as part of self-liquidation plan
The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company as part of the institution’s...
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Keep your money in an insured account, not on an uninsured payment app, the United States Consumer Financial Protection Bureau (CFPB) warned Americans in a...
First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held...
Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength
As the summer season arrives, an unexpected heatwave is gripping financial markets.This heat is coming in the form of the U.S. Dollar Index (DXY), which...
SYS Labs announces mainnet launch for EVM-L2 platform Rollux
SYS Labs has scheduled the Rollux mainnet launch date as June 28, 2023. Rollux is an EVM-compatible Layer-2 scaling platform. The mainnet launch is expected...
MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s...
What will Binance Australia services look like after debanking?
Binance users in Australia now have a narrowed pool of options to purchase cryptocurrencies amid the ongoing global debanking of crypto businesses. Since 5:00 pm...