StablecoinX Launches With $360 Million Backing for Ethena Treasury

TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the … Read more

Tokyo-Listed AI Firm to Acquire 3,000 BTC in Yearlong Crypto Strategy

Tokyo Stock Exchange-listed AI solutions provider, Quantum Solutions, announced on July 23 its entry into the cryptocurrency investment business with an ambitious goal to hold up to 3,000 BTC within the next 12 months. The company justifies this move by citing the expanding global cryptocurrency market, BTC’s recognition as “digital gold,” and its growing appeal … Read more

Ghana Moves to License Crypto Firms, Citing Revenue and Oversight Goals

The Ghanaian central bank is set to introduce a draft regulatory framework for licensing digital asset companies by September. Acknowledging Crypto’s Enduring Presence The Ghanaian central bank has reiterated its goal to license digital asset companies, stating that a draft regulatory framework to oversee them is set to be tabled in the nation’s parliament by … Read more

SEC Seeks Candidates for All 5 Audit Oversight Board Seats

The U.S. Securities and Exchange Commission has officially launched its search for five new members, including the chairperson, to lead the Public Company Accounting Oversight Board (PCAOB) in a pivotal period of fiscal scrutiny and investor protection. SEC Chairman Paul S. Atkins announced the opening of the nomination process for all five PCAOB seats, with … Read more