Lee Jae-myung, leader of South Korea’s Democratic Party, has recommended creating a stablecoin tied to the Korean won to tackle capital outflows and reinforce national financial sovereignty.
On Monday, the Senate successfully moved forward with a major cryptocurrency regulation bill in a bipartisan effort, overcoming a recent blockade by Senate Democrats.
The Northern Mariana Islands Senate has overridden Governor Arnold Palacios’ veto of a stablecoin bill, enabling the Tinian local government to issue licenses to internet casinos and manage a “Tinian Stable Token.”
Meta is reportedly in discussions with crypto firms to explore the use of stablecoins for global payments, according to five sources.
Tether reported over $1 billion in operating profit for the first quarter of 2025, fueled by strong returns on its US Treasury investments.
Mastercard is expanding its payment options to include stablecoins, enabling consumers to use these digital assets for transactions.
Ethena Labs is officially shutting down its German branch and EU operations following the rejection of its MiCA application.
