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Hong Kong authorities will make it illegal to promote unlicensed stablecoins to the public starting August 1, as the city implements comprehensive digital asset regulations designed to protect retail investors while establishing itself as Asia's cryptocurrency hub. What to Know: Hong Kong's new Stab

PayPal announced the launch of PayPal World, a cross-border payment platform designed to connect major digital wallets and payment systems globally. The initiative will debut this fall with five initial partners: UPI, Tenpay Global, Mercado Pago, PayPal, and Venmo, potentially serving nearly two bil

Western Union, one of the world’s largest remittance providers, is making bold moves toward adopting stablecoin technology as part of a sweeping digital transformation strategy aimed at modernizing global money transfers. CEO Devin McGranahan recently confirmed that the company is piloting stablecoi

JPMorgan Chase is exploring plans to offer loans backed by clients' cryptocurrency holdings, including Bitcoin and Ethereum, as early as next year, according to a Financial Times report citing people familiar with the matter. The potential move represents a significant shift for the nation's largest

Conflux Network has announced two major initiatives: the issuance of a stablecoin pegged to the offshore Chinese yuan and the launch of its Conflux 3.0 upgrade in August. These efforts signal Beijing’s intensifying interest in leveraging blockchain technologies for cross-border finance - while sides