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Paypal just turned its stablecoin into a global contender, pushing PYUSD into dozens of new markets in a single sweep. Paypal Broadens Crypto Push With PYUSD Rollout Across Emerging Markets Paypal is expanding access to its dollar-pegged stablecoin, PYUSD, to users in 68 additional countries, bringing total availability to 70, according to a March 17 … Read more
The institution has asked the government to allow digital financial assets to be issued on open networks like Ethereum, opening national businesses to international investments. Central Bank of Russia governor Elvira Nabiullina also stated that these regulations would help conduct cross-border settlements. Russia Sets Up Digital Assets As Vehicles For International Investment The Central Bank … Read more
Circle Internet Group’s stock has reentered the market’s spotlight this month, and the reaction from traders has been swift. Stablecoin Economics Sends Circle Stock Soaring Shares of Circle Internet Group Inc. (NYSE: CRCL)—the company behind the USDC stablecoin—have more than doubled in the past month, trading around $120 to $124 in this week and jumping … Read more
The Argentine justice system has ordered a nationwide block on Polymarket, one of the largest prediction market platforms, after a contract estimating February’s inflation numbers registered a trend reversion 15 minutes before the official release, hinting at a possible insider leak. Argentina Bans Polymarket, Becomes First Country in Latam to Do So Argentina has become … Read more
Shares of Bitdeer Technologies Group climbed 9% after the company unveiled its new SEALMINER DL1 Air, a Scrypt-based mining machine built to efficiently mine cryptocurrencies, including Litecoin and Dogecoin. The launch signals Bitdeer’s renewed push into the Scrypt mining ecosystem with hardware aimed at industrial-scale operations. Bitdeer Stock Climbs as Company Reenters Scrypt Mining Bitdeer … Read more
South Korea’s Hana Financial Group has signed a strategic partnership with Standard Chartered Group to collaborate on global banking operations and emerging digital asset businesses, including stablecoins. Hana Financial–Standard Chartered MOU Targets Stablecoins, Custody and Global Markets According to the Korea Herald and several other local reports, the memorandum of understanding (MOU) was signed March … Read more
Metaplanet Inc. unveiled a $255 million equity financing on Monday designed to turbocharge its bitcoin treasury strategy, with potential proceeds climbing to roughly $531 million if accompanying warrants are fully exercised. Tokyo-Listed Metaplanet Raises Capital to Accelerate Bitcoin Holdings Tokyo-listed Metaplanet Inc. (TSE: 3350; OTCQX: MTPLF; ADR: MPJPY) said March 16 it will raise approximately … Read more
The addition of nearly 61,000 ETH last week by Bitmine Immersion Technologies pushed its holdings to about 4.6 million ETH, roughly 3.8% of the total supply. The firm now oversees an $11.5 billion portfolio spanning crypto, cash, and strategic investments. Bitmine’s Ethereum Stack Nears 4.6 Million After Latest Buy BitMine Immersion Technologies is rapidly consolidating … Read more
South Korean regulators have imposed a roughly $25 million fine and a six-month partial business suspension on crypto exchange Bithumb after finding millions of anti-money-laundering and identity-verification violations. Bithumb Sanctioned by South Korean FIU Over Identity Verification Failures Reports note that South Korea’s Financial Intelligence Unit (FIU), operating under the Financial Services Commission, finalized sanctions … Read more
Onchain analysts say Shapeshift founder Erik Voorhees appears to be quietly rebuilding a sizable ethereum position—snapping up roughly $56.5 million worth of ETH over the weekend—though the activity has not been publicly confirmed by Voorhees himself. Onchain Data Shows Possible $56M ETH Accumulation by Crypto Veteran Erik Voorhees Blockchain data reviewed by onchain trackers indicates … Read more