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Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
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Visa Direct Tests Stablecoins for Instant Cross-Border Transfers
Visa has launched a pilot programme allowing banks and financial institutions to use stablecoins like USDC and EURC for pre-funding cross-border transfers. The move aims to free up working capital, reduce reliance on traditional currency accounts, and accelerate settlement times. Wider rollout is planned in 2026.
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Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
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Video Showing "World's Thinnest Car" Leaves Internet Amazed
A video showing an unconventional car has caught the internet's attention, leaving many amused and intrigued.
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Tata Bags Licensing Rights To Fiat's 2.0L Diesel Mill; Harrier, Safari Becoming Powerful?
Tata Motors has now acquired the rights to the FAM B engine, enabling independent development and performance boost for its SUVs.
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Tesla Faces Demand Shortage In France, Sales Dive Sharply In April
PFA said that, for overall car sales in April, the US-European Stellantis group that makes Jeep, Peugeot, Fiat and Maserati vehicles saw registrations slump 12 per cent.
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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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Miyazaki's Mechanical Marvels: The Cars That Drive Studio Ghibli's Magic
Hayao Miyazaki has used designs of cars in his movies inspired by the models of the real world.
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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025.
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Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
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Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
-
Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
-
Visa Direct Tests Stablecoins for Instant Cross-Border Transfers
Visa has launched a pilot programme allowing banks and financial institutions to use stablecoins like USDC and EURC for pre-funding cross-border transfers. The move aims to free up working capital, reduce reliance on traditional currency accounts, and accelerate settlement times. Wider rollout is planned in 2026.
-
Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
-
Video Showing "World's Thinnest Car" Leaves Internet Amazed
A video showing an unconventional car has caught the internet's attention, leaving many amused and intrigued.
-
Tata Bags Licensing Rights To Fiat's 2.0L Diesel Mill; Harrier, Safari Becoming Powerful?
Tata Motors has now acquired the rights to the FAM B engine, enabling independent development and performance boost for its SUVs.
-
Tesla Faces Demand Shortage In France, Sales Dive Sharply In April
PFA said that, for overall car sales in April, the US-European Stellantis group that makes Jeep, Peugeot, Fiat and Maserati vehicles saw registrations slump 12 per cent.
-
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.
-
Miyazaki's Mechanical Marvels: The Cars That Drive Studio Ghibli's Magic
Hayao Miyazaki has used designs of cars in his movies inspired by the models of the real world.
-
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025.
-
Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
-
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
-
What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
-
Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
