Revolut to delist USDT in August, citing regulatory and risk concerns
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.
Crypto Biz: Bitcoin maximalism meets the realities of capital markets
Strategy authorizes Bitcoin sales, Open USD takes on USDT and USDC, Fidelity defends Bitcoin security and crypto ramps up political spending for 2026.
Ondo expands tokenized equities with onchain shareholder voting
Ondo's latest shareholder partnership adds governance to tokenized stocks as competition in blockchain-based equity offerings accelerates.
Ethereum backers launch nonprofit to lead institutional adoption efforts
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition for institutional capital heats up.
French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS launches a euro-pegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund access.
Business use of stablecoins set for growth surge: Cybrid report
The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider adoption.
MetaMask launches stablecoin yield account with card spending
MetaMask launches Money Account it says offers up to 4% variable APY on mUSD stablecoin balances and card spending, with DeFi-powered yield via vaults, excluding the UK and EU.
BNY adds USDC minting and redemption to institutional custody platform
The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves.
EU Watchdog EBA Details Big Crypto Fines as Landmark Laws Bite
The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.
Coinbase, Circle underperform Big Tech as crypto stock slump deepens
Coinbase and Circle have posted steeper losses than Oracle, Netflix and Salesforce, highlighting the widening gap between crypto equities and the broader market.