AllUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EUβs MiCA framework.
The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems.
Rippleβs investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africaβs largest fintechs as blockchain remittances gain traction.
A spokesperson for the Democratic National Committee decried the move as βan opportunity to use the power of the presidency to make [Trump] and his family even richer.β