According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector expanded by $2.733 billion in seven days. Tether’s share has slipped,
SBI Shinsei Bank will issue a digital currency for corporate clients in fiscal 2026, becoming the first Japanese bank to join JPMorgan Chase’s blockchain-based Partior network. Nikkei reported that the move aims to deliver near-instant international transfers at significantly lower cost than today’s systems. DCJPY Aims to Cut Fees and Speed Transfers Last year, the
TON Strategy Company (TONX) has repurchased over 250,000 shares of its common stock at $8.32 per share, well below its stated treasury asset value (TAV) of $12.18, the company said. The move is part of its recently launched $250 million buyback program and follows its pivot to position toncoin TON$3.1033 as the company’s primary treasury
WisdomTree has launched a new tokenized fund focusing on private credit. The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts, Bloomberg reports. It’s available with a minimum investment of just $25 and offers
Chow Tai Fook Jewellery Group, one of Hong Kong’s most recognized jewelry companies, has officially stepped into digital finance. The group announced that it has acquired a 15% stake in Going Securities through its wholly owned subsidiary. The deal signals a new direction for the century-old brand. It is known primarily for its luxury jewelry
The United States and Japan have made a clear pledge that they will let the markets decide currency exchange rates. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato said this in a recent announcement. As reported by Coin Bureau, this move shows that both the countries wants fair trade and stable markets too.
In a significant development that could reshape corporate engagement with digital assets, U.S. Nasdaq-listed Faraday Future (FFAI) has announced its intention to pursue a plan to spin off its Faraday Future crypto arm for a separate public listing. This move signals a growing trend among established companies to strategically carve out their blockchain and cryptocurrency
Japan’s proposal to cut crypto gains tax from as high as 55 percent to a flat 20 percent by fiscal 2026 is clearly more than a tax adjustment. It looks like a structural shift in how the country wants to treat digital assets. The current system lumps crypto into miscellaneous income and pushes top earners
Morgan Stanley and Deutsche Bank both predicted the Fed would cut interest rates at its remaining three meetings this year. In separate reports, the two institutions said they expect 25 basis point cuts at the September, October, and December meetings. Both institutions had previously projected only one rate cut in September and December. This week’s
Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build. On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of gains, according to data from SoSoValue. This pushed cumulative net inflows to $56.83 billion, with total net assets now