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Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

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The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.

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Coin Market

Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

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The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.

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Coin Market

Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

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About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

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Coin Market

Stablecoin transfers quadruple to $891B as US banks expand adoption: Report

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Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

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