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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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Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
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"Don't Want To Die": Lesotho HIV Patients Look To Traditional Medicine
In a sunlit shack on the outskirts of Lesotho's capital Maseru, 34-year-old Lieketseng Lucia Tjatji sits under a black cloth pegged to a tin wall and emblazoned with the head of a lion.
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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. Â
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Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
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Steel Tycoon Laxmi Mittal Likely To Leave UK Due To Tax Reforms: Report
Laxmi Mittal owns several estates in the UK, including a mansion in Kensington Palace Gardens, pegged as the world's most expensive home when it was bought it in 2004.
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India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
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Mamta Kulkarni Vowed To Fast During Navratri, But "Two Pegs Of Scotch" Broke Her
Mamta Kulkarni renounced worldly life and took sanyas at the Maha Kumbh Mela 2025 by joining the Kinnar Akhara
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Challengers To Babygirl, The Movies On Sex And Desire That Oscars 2025 Couldn't Handle
Many films that did not make the cut were, without a doubt, critically acclaimed, with standout performances that many had pegged as "Oscar-worthy"
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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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.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
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Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
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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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Notice To 'Patiala Peg' Singer Diljit Dosanjh, Can't Promote Alcohol, Drugs
Diljit Dosanjh has been served a legal notice, directing him not to sing any songs promoting alcohol, drugs, and violence at the Hyderabad concert.
-
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.
-
Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
-
"Don't Want To Die": Lesotho HIV Patients Look To Traditional Medicine
In a sunlit shack on the outskirts of Lesotho's capital Maseru, 34-year-old Lieketseng Lucia Tjatji sits under a black cloth pegged to a tin wall and emblazoned with the head of a lion.
-
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. Â
-
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
-
Steel Tycoon Laxmi Mittal Likely To Leave UK Due To Tax Reforms: Report
Laxmi Mittal owns several estates in the UK, including a mansion in Kensington Palace Gardens, pegged as the world's most expensive home when it was bought it in 2004.
-
India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
-
Mamta Kulkarni Vowed To Fast During Navratri, But "Two Pegs Of Scotch" Broke Her
Mamta Kulkarni renounced worldly life and took sanyas at the Maha Kumbh Mela 2025 by joining the Kinnar Akhara
-
Challengers To Babygirl, The Movies On Sex And Desire That Oscars 2025 Couldn't Handle
Many films that did not make the cut were, without a doubt, critically acclaimed, with standout performances that many had pegged as "Oscar-worthy"
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
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.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
-
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.
-
Notice To 'Patiala Peg' Singer Diljit Dosanjh, Can't Promote Alcohol, Drugs
Diljit Dosanjh has been served a legal notice, directing him not to sing any songs promoting alcohol, drugs, and violence at the Hyderabad concert.
