AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has launched EURAU, a euro-denominated stablecoin approved under Germany’s new crypto regulations. EURAU is claimed to be the first euro-backed stablecoin to be issued under the EU’s Markets in Crypto-Assets Regulation (MiCAR) and licensed as electronic money by Germany’s BaFin. The token, issued on Ethereum
The global crypto market is bracing for impact after the Bank of Japan decided to hold interest rates steady, following a similar move by the US Federal Reserve. The BOJ held its benchmark interest rate at approximately 0.5% after a two-day meeting, mirroring the US Federal Reserve’s decision to keep rates steady for a fifth
In a significant development signaling the deepening integration of traditional finance with the burgeoning digital asset world, Kiwoom Securities, one of South Korea’s prominent brokerage firms, has officially thrown its hat into the ring of digital currencies. The company recently filed several trademark applications related to stablecoins, a move that could reshape the landscape of
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated
The financial world is abuzz, and at the heart of the conversation are stablecoins. Recently, Bank of Japan Governor Kazuo Ueda made headlines by suggesting that the growing use of stablecoins could significantly reshape how transactions occur outside the traditional banking system. This isn’t just a technical observation; it’s a profound statement about the future
This is a segment from The Breakdown newsletter. To read more editions, subscribe. “The continuous rise of the debt-to-GDP ratio indicates that current policy is unsustainable.” — Financial Report of the United States Government There once was a happy time when Fed chairs felt free to lecture politicians on their irresponsible spending habits. In 1990,
Stocks reversed sharply on Wednesday after Jerome Powell said the Federal Reserve has made “no decisions” on a rate cut for September, ending weeks of speculation across Wall Street and crypto markets. The statement came during a press conference following the Fed’s latest policy meeting and immediately triggered losses across major indexes and crypto assets.
An Australian digital asset investment firm, Jelly C, has joined a new “collateral mirroring” program, enabling lower-risk institutional crypto trading via the OKX exchange. This program uniquely allows Standard Chartered, a global investment bank, to handle asset custody. Jelly C will primarily use Franklin Templeton’s tokenized money market fund (TMMF) as off-exchange collateral for trading
A new Ripple report reveals global banks are rapidly shifting to blockchain, forecasting a $19 trillion tokenized asset explosion as finance braces for its digital future. $19T in Tokenized Assets Coming? Ripple Says Financial Rails Are Already Shifting Ripple, CB Insights, and the UK Centre for Blockchain Technologies released a report on July 30 examining