Market News Thailand SEC Proposes $151K Daily Stablecoin Transfer Cap
#Thailand’s #SEC proposes a 5M baht #stablecoin transfer cap, wallet checks and tighter broker rules to combat financial crime risks.
Timothy Munene •
Stablecoin
Market News South Korea Puts Capital Markets Onchain With Avalanche
#South Korea plans to tokenize capital markets in three phases, with #Avalanche-linked projects supporting funds, payments and real-world assets.
Timothy Munene •
News Revolut Launches EURR on Ethereum and Polygon as Euro Stablecoin Market Expands
#Revolut launched its #EURR euro #stablecoin on #Ethereum and #Polygon, expanding regulated euro-based digital asset options across #Europe.
Timothy Munene •
News Stablecoin Payments Gain Ground as Companies Seek Faster Cross-Border Settlement
#Stablecoinpayments are shifting toward corporate use as companies seek faster cross-border settlement, lower costs and shared #blockchain payment rails.
Timothy Munene •
News Japan Creates Dedicated Crypto and Stablecoin Division
#Japan launches a dedicated #crypto and stablecoin division as new rules strengthen oversight, disclosure, taxes and #ETF prospects.
Timothy Munene •
News Stablecoin-Powered Crypto Card Spending Hits $759M in July
#Stablecoin-driven crypto card spending reached $759 million in July, up from $306 million a year earlier as purchases approached 9 million.
Timothy Munene •
News Visa Adds Stablecoin Payouts With Zerohash Support
#Visa partners with #zerohash to add #stablecoin prefunding and payouts to #Visa Direct, expanding cross-border payment capabilities.
Timothy Munene •
News South Korean Stablecoin Outflows Reach $367M in June, Extending 18-Month Trend
#SouthKorea recorded an 18th straight month of #stablecoin outflows as traders moved funds overseas for derivatives, #DeFi, and #RWA products.
Timothy Munene •
News BNY Targets 24/7 Treasury Settlement With Blockchain
#BNY plans 24/7 U.S. Treasury settlement by 2027 after testing #stablecoin-backed trades and advancing tokenized Treasury pilots.
Timothy Munene •
News Korean Banks and Tech Firms Expand Digital Asset Projects Despite Regulatory Delays
#Koreanbanks and technology firms continue expanding #digitalasset projects despite delays to the #DigitalAssetBasicAct.
Timothy Munene •
News Hyundai Completes Cross-Border Treasury Pilot Using Tether’s USDT on Avalanche
#Hyundai completed a cross-border treasury pilot using #Tether's #USDT on #Avalanche, testing faster enterprise fund transfers.
Timothy Munene •
News Japan’s SBI Plans 3% Yield for New JPYSC Stablecoin Holders
#Japan #SBI plans to launch a lending service offering a 3% annual yield for #JPYSC #stablecoin holders through SBI VC Trade.
Timothy Munene •