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Swift and ConsenSys Launch Blockchain Ledger to Take On Stablecoins

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Citi raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturity
Citigroup revised its stablecoin market forecast upward to $1.9 trillion by 2030, but warned that institutional adoption remains at just 0.5 on a scale of 0 to 10, according to a report published on S...

Sony Bank Spins Off Web3 Subsidiary to Deepen Digital Asset Services
Sony Bank has established BlockBloom Inc., a wholly owned subsidiary that will develop Web3 services, including digital assets, NFTs, and blockchain infrastructure. Announced on Thursday, the move fol...

Fintech Backbase and Prove to Enhance Onboarding
In an era where digital banking demands both lightning-fast experiences and ironclad protection, financial institutions face a persistent challenge: streamlining customer onboarding without inviting f...

Texas Brothers Face Charges in $8M Crypto Kidnapping
Two Texas siblings have been federally charged after allegedly abducting a Minnesota family and stealing $8 million in cryptocurrency in the US. The incident has drawn national attention amid a ris...

PIPE dreams: Bitcoin treasury companies risk further 55% stock price declines
Bitcoin (BTC) treasury companies that raised capital through PIPE (private investment in public equity) deals face mounting pressure as share prices gravitate toward their discounted issuance levels, ...

Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...

PayPal Partners With DeFi Firm Spark to Boost PYUSD Stablecoin Liquidity
Decentralized finance firm Spark onboarded PayPal’s stablecoin, PYUSD, and plans to grow it. PYUSD deposits on Spark’s decentralized, non-custodial liquidity market for lenders and borr...

INTERPOL and Eurojust Dismantle Massive International Crypto Crime Rings
INTERPOL just announced a major operation targeting crypto criminals, freezing 400 wallets and 68,000 bank accounts. Police recovered $439 million in total assets. Additionally, Eurojust can boast ...

Will Quantum Breakthrough Kill Bitcoin? IBM CTO Reveals The Truth
The looming threat of quantum computing has sparked fierce debate in the crypto community. Could a powerful machine one day break Bitcoin’s cryptography and drain wallets? According to IBM’s ...

Binance and Bybit CEOs Meet With Vietnam’s Deputy PM For Expansion Plans
Nguyen Hoa Binh, Deputy Prime Minister of Vietnam, recently met with Binance CEO Richard Teng in the UAE. The country wants Binance to establish a local headquarters to advance crypto ecosystem develo...