Bybit will end French crypto services in January 2025
In response to the heightened regulatory constraints, Bybit will terminate withdrawal and custody services for French customers on January 8, 2025.
In response to the heightened…
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USDC
The $1 billion yield plan of Polygon is being criticized by a former employee
Polygon intends to generate $91M annually from stablecoin reserves exceeding $1 billion.
The blockchain's incentive injection to enhance its Aggregation Layer (AggLayer) ecosystem was…
Coinbase to Terminate USDC Rewards in Europe Due to MiCA
Coinbase has revealed that USDC rewards for European users will cease to exist as new stablecoin regulations are implemented in Europe.
New stablecoin regulations are now in effect, more…
Coinbase suspends USDC rewards in the European Economic Area as a result of MiCA regulations
Coinbase, a prominent cryptocurrency exchange, has declared that it will discontinue the provision of rewards to holders of USD Coin (USDC) in the European Economic Area (EEA) effective…
USDC Issuer Circle Announces Expansion into Hong Kong and Prepares for Public Listing
Circle, the USDC issuer, intends to expand its operations in Hong Kong. Will Hong Kong's rapid adoption of crypto technologies facilitate Circle's expansion endeavors?
Circle, the issuer…
Kalshi Increases USDC Deposits amid Rising Election Prediction Markets
In anticipation of the U.S. elections, Kalshi, a prediction market platform, implemented USD Coin (USDC) deposits.
Kalshi is in competition with other platforms, such as Robinhood and…
Circle to Establish USDC and EURC as Official Currency in the EU
Circle's Jeremy Allaire capitalizes on advantageous MiCA regulations to promote USDC and EURC development in the EU.
There are various types of stablecoins, such as algorithmic,…
Argentina’s regulators approve the registration of a company with BTC and USDC capital
The law firm claims that a regulator permitted it to register a firm whose capital is partially comprised of Bitcoin (BTC) and USD Coin (USDC) in Argentina, a national first.
One of the…
Circle introduces a new trading mechanism for tokenized BlackRock fund shares using USDC
Circle's latest smart contract facilitates the exchange of stablecoin for shares held by investors in the BlackRock USD Institutional Digital Liquidity Fund.
The first tokenized fund…
Circle will immediately stop minting USDC on the Tron Network
Coin minting for the Tron network will end "to guarantee that USDC stays trustworthy," according to the stablecoin issuer located in the United States.
U.S. dollar-pegged stablecoin USD…
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