The Japan Financial Services Agency (FSA) announced that it has launched an initiative to support the yen-based stablecoin joint venture launched by the country’s major banks. According to a recent press release, the FSA’s Payment Innovation Project will focus on…

Bitcoin price has fallen off the $100,000 threshold after fighting to stay above the mark. At the moment, it is trading at $99,926. What triggered the sell-off? The price of Bitcoin has officially dipped below the psychological $100,000 mark, indicating…

Art Basel unveils a new curated platform for digital era-artworks called Zero 10, which features 12 international exhibitors including Asprey Studio, Beeple Studio and more. According to a press release sent to crypto.news, the initiative will make its debut at…

The amount of stablecoins on centralized exchanges rises $10 billion within the past month as more holders gravitate towards the asset, what could this mean for the crypto market? Within the past month, centralized exchanges have recorded a major boost…

Decentralized finance liquidity provider Elixir has pulled the plug on its stablecoin deUSD after Stream borrowed the token to stabilize its own stablecoin. On Nov. 6, Elixir announced that it would be retiring the stablecoin, stating it holds “no value…

Tron founder Justin Sun has withdrawn 45,000 ETH from AAVE and deposited them into Lido for staking. At the time, his public wallet held more ETH than TRX. According to on-chain monitoring platform Arkham, the Tron founder has staked as…

President Donald Trump wants to transform the U.S into a ‘Bitcoin superpower’. He believes that harnessing the crypto industry is the key to beating China and other countries. Speaking at the two-day America Business Forum in Miami, Florida, President Donald…

Stablecoin issuer Circle has reportedly amended its terms and services, reversing a policy that previously banned the use of USDC to purchase firearms. On Nov. 5, the stablecoin firm announced that it would update a clause in its Prohibited Transactions…

Ripple revealed that it currently has no plans to go public any time soon, claiming that the firm has no “IPO timeline” despite the growing number of crypto companies vying for an IPO. According to a recent report by Bloomberg,…

The race to launch an XRP ETF on the U.S market is underway as firms like Bitwise, Franklin Templeton and Canary Capital prepare to launch ETFs in November. Traders are gearing up for the launch of XRP exchange-traded funds on…

Swedish crypto asset management company Virtune announced the launch of the Stablecoin Index ETP on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. On Nov. 5, the Swedish-regulated crypto asset manager unveiled its stablecoin index exchange-traded product in European exchanges.…

Ripple’s stablecoin, RLUSD, recently saw its market cap surpass $1 billion for the first time in history. The stablecoin is currently the 11th largest stablecoin in the world. Ripple’s stablecoin saw its market cap surge to $1.025 billion. This marks…

Liquid Capital founder Jack Yi namedrops three key areas to watch closely as he believes they will “transcend cycles,” mentioning projects like Ethereum, BNB and Aster. In a recent post, Liquid Capital founder Jack Yi shared his views regarding which…