USDC stablecoin issuer Circle has applied for a license to establish its own national trust Bank in the US. According to a Monday announcement, Circle is looking to establish First…
Circle (CRCL), the company behind the USDC stablecoin, said Monday it has filed an application with the Office of the Comptroller of the Currency to form a federally regulated national…
Apple stock opened Monday’s bell at $201 after dipping nearly 10% in Q2 this year. The leading tech giant had a turbulent 2025 as it’s down nearly 18% year-to-date. AAPL…
The Bank of Korea (BOK) suspended its central bank digital currency project, Singaporean financial newspaper Business Times reported on Monday. The project had reached the stage of developing a pilot…
Bank of Korea deputy governor Ryoo Sangdai reportedly wants banks to be the primary issuers of stablecoins in the country before gradually expanding to other sectors.Yonhap News reported that during…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.One of the biggest payment processors on earth is dropping its own stablecoin. This morning, the $90-billion payments…
After deciding to purchase a bank, Costas Cleanthous, co-founder and majority owner of contracts for differences (CFDs) broker XM, has bought Cyprus’ newspaper group, Phileleftheros, according to Cyprus Times.A Major…
The New Development Bank (NDB), commonly called the BRICS bank has disbursed loans in local currencies worth $2.1 billion. The alliance has lent loans worth totaling close to $10 billion…
Key Points:Mainland China and Hong Kong launch cross-border payment system.Significant boost to trade and financial markets.Expected transaction cost reduction, faster settlements.
The People’s Bank of China and the Hong Kong Monetary…
The head of South Korea’s central bank has reportedly said he is not against the country issuing a won-based stablecoin, but is still concerned about managing the foreign exchange of…