As we wrap up the final hours leading into December 20th, the crypto market sits at a mesmerizing crossroads. Bitcoin remains locked in a tug-of-war near $86,000, its rally stalling as ETF outflow pressures and broader risk-off sentiment weigh heavy. Fresh reports of North Korean hackers smashing... ... Read full 🟡😐 Market Analysis: 20-12-15
Kyrgyzstan President Sadyr Japarov confirmed Wednesday that the national currency-backed stablecoin, dubbed ‘KGST,’ has been listed on the Binance exchange.The project was developed and deployed on BNB Chain, which supports scalable and cost-effective blockchain infrastructure.“I congratulate the KG…
Kyrgyzstan President Sadyr Japarov said a recently launched stablecoin pegged to the country’s fiat currency has been listed on cryptocurrency exchange Binance.In a Wednesday X post, Japarov said Kyrgyzstan's KGST stablecoin, pegged to the som, would contribute to the development of cross-border pay…
Against a backdrop of broadly weak token performance in 2025, Layer 1 (L1) activity increasingly split across distinct roles and narratives. Speculative flows concentrated on a handful of high-throughput venues, while Ethereum deepened its position as a settlement and data availability hub through L…
US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards.The proposal, introduced by Representatives Max Miller of Ohio…
SoFi Technologies announced Thursday the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, marking what the company says is the first time a national bank has issued a stablecoin on a public, permissionless blockchain.The product aims to position SoFi as a stablecoin in…
By Elias SchisgallSoFi Technologies is offering a U.S. dollar stablecoin as it looks to open up access to its blockchain infrastructure.The digital financial services company said Thursday that SoFiUSD, which is issued and backed with 1:1 cash reserves by SoFi Bank, would enable 24/7 settlement acro…
By Nate WolfSoFi Technologies is doubling down on cryptocurrency, this time for its commercial clients.The company announced Thursday that it was launching a dollar-pegged stablecoin called SoFiUSD. Partners including card networks, retailers, and banks will be able to use SoFi's stablecoin infrastr…
Ripple executive Reece Merrick believes crypto's days of pain are over. The senior executive officer and managing director of Ripple in Middle East and Africa was speaking in the context of the current favorable regulatory climate.In the most recent positive development shared by crypto reporter Ele…
SBI Holdings, a Tokyo-listed financial conglomerate, has signed a memorandum of understanding with blockchain company Startale Group to create a fully regulated yen-denominated stablecoin targeting global settlement. Combining SBI Holdings’ Market Standing With Startale’s Experience According to a M…