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Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
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Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
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From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
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Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
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Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
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Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
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ASIC Clarifies Crypto Rules; Stablecoins, Tokenised Assets Flagged as Financial Products
Australia’s financial regulator, ASIC, has issued long-awaited guidance clarifying which crypto assets fall under financial products. The move provides legal certainty for firms but raises concerns about the regulator’s capacity to handle new licensing demands. Under the revised framework, stablecoins, wrapped tokens, and tokenised securities w...
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French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
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Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
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Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
-
Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
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Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
-
Bitcoin Price Stabilises Around $110,000 Amidst Ongoing Trade Tensions
Bitcoin held near $110,000 (roughly Rs. 96.7 lakh) on Thursday, as the crypto market consolidated amid ongoing US-China trade tensions and the prolonged US government shutdown. Ethereum traded around $3,800 (roughly Rs. 3.3 lakh), mirroring Bitcoin’s quiet momentum. Altcoins such as BNB, XRP, and Solana also traded within tight ranges, while sent...
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Tether User Base Crosses 500 Million Mark as Stablecoin Supply Nears $182 Billion
Tether, the world’s largest stablecoin issuer now has over 500 million users, marking a major milestone in global crypto adoption. Its USDT supply has reached nearly $182 billion (roughly Rs. 15,10,000 crore), far outpacing rival Circle’s USDC. CEO Paolo Ardoino called the achievement a “financial inclusion milestone,” noting USDT’s role ...
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World Liberty Financial Explores Real Estate Tokenisation Using USD1 Stablecoin
World Liberty Financial plans to tokenise a real estate project using its USD1 stablecoin, according to WLFI Co-Founder Eric Trump. The project aims to open access to fractional ownership in luxury properties for retail investors, starting from $1,000 (roughly Rs. 87,400). While the Trump family maintains control over WLFI, the move underscores blo...
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Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
-
Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
-
From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
-
Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
-
ASIC Clarifies Crypto Rules; Stablecoins, Tokenised Assets Flagged as Financial Products
Australia’s financial regulator, ASIC, has issued long-awaited guidance clarifying which crypto assets fall under financial products. The move provides legal certainty for firms but raises concerns about the regulator’s capacity to handle new licensing demands. Under the revised framework, stablecoins, wrapped tokens, and tokenised securities w...
-
French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
-
Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
-
Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
-
Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
-
Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
-
Bitcoin Price Stabilises Around $110,000 Amidst Ongoing Trade Tensions
Bitcoin held near $110,000 (roughly Rs. 96.7 lakh) on Thursday, as the crypto market consolidated amid ongoing US-China trade tensions and the prolonged US government shutdown. Ethereum traded around $3,800 (roughly Rs. 3.3 lakh), mirroring Bitcoin’s quiet momentum. Altcoins such as BNB, XRP, and Solana also traded within tight ranges, while sent...
-
Tether User Base Crosses 500 Million Mark as Stablecoin Supply Nears $182 Billion
Tether, the world’s largest stablecoin issuer now has over 500 million users, marking a major milestone in global crypto adoption. Its USDT supply has reached nearly $182 billion (roughly Rs. 15,10,000 crore), far outpacing rival Circle’s USDC. CEO Paolo Ardoino called the achievement a “financial inclusion milestone,” noting USDT’s role ...
-
World Liberty Financial Explores Real Estate Tokenisation Using USD1 Stablecoin
World Liberty Financial plans to tokenise a real estate project using its USD1 stablecoin, according to WLFI Co-Founder Eric Trump. The project aims to open access to fractional ownership in luxury properties for retail investors, starting from $1,000 (roughly Rs. 87,400). While the Trump family maintains control over WLFI, the move underscores blo...
