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Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
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Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
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Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
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SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
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Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, Crypto
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
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Crypto Has "Champion" In White House With Trump, Says JD Vance
Cryptocurrencies have "a champion and an ally" in US President Donald Trump, Vice President JD Vance said Wednesday, adding that the administration would end a "weaponization" of regulations against the community.
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Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. May 30 will mark Mersinger's last day of working at the CFTC.
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US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable Meet
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
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Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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New US SEC Chair Says Crypto Sector Deserves Clear Regulations
US SEC Chair, Paul Atkins has said that the crypto sector deserves clear regulatory rules. He spoked at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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Crypto Advocate Paul Atkins Sworn in 34th US SEC Chair
Paul Atkins has been sworn in as the 34th chairperson of the US Securities and Exchange Commission (SEC). Atkins’ appointment as the SEC chair aligns with President Trump’s vision of transforming the US into the crypto capital of the planet.
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Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
-
Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
-
Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
-
Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
-
SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
-
Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, Crypto
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
-
Crypto Has "Champion" In White House With Trump, Says JD Vance
Cryptocurrencies have "a champion and an ally" in US President Donald Trump, Vice President JD Vance said Wednesday, adding that the administration would end a "weaponization" of regulations against the community.
-
Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. May 30 will mark Mersinger's last day of working at the CFTC.
-
US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable Meet
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
-
Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More
In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
New US SEC Chair Says Crypto Sector Deserves Clear Regulations
US SEC Chair, Paul Atkins has said that the crypto sector deserves clear regulatory rules. He spoked at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
Crypto Advocate Paul Atkins Sworn in 34th US SEC Chair
Paul Atkins has been sworn in as the 34th chairperson of the US Securities and Exchange Commission (SEC). Atkins’ appointment as the SEC chair aligns with President Trump’s vision of transforming the US into the crypto capital of the planet.
-
Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
