South Korea’s central bank chief, Rhee Chang-yong, is okay with creating a stablecoin tied to the Korean currency, the won. But he is worried that it could mess with the…
Key takeawaysAustralia is one of the world’s most crypto-aware nations, with over 31% of citizens owning digital assets and nearly 1,800 crypto ATMs across the country.Crypto is currently taxed as…
Key Points:ChainCatcher hosts Crypto 2025 to tackle industry challenges.Focus on innovation, community engagement.Involvement of notable blockchain ecosystems.
With the Crypto 2025 event by ChainCatcher, significant industry figures convened to address ongoing…
Key Points:Jack Zhang questions stablecoin utility, focusing on distribution over technology.Stablecoins seen as Internet currency, not global payment solutions.Regulatory clarity is crucial for stablecoin adoption in fintech.
Jack Zhang, co-founder of…
PayPal has announced its intent to expand its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), to the Stellar blockchain network—pending final regulatory approval from the New York State Department of Financial…
Emerging markets financial stability has catalyzed unprecedented challenges. The IMF warns that trade wars have spearheaded more difficulties than COVID-19 engineering. Trade war economic impact has accelerated disruptions across various…
In brief
OpenAI has publicly responded to a May judge order for it to retain all user chats, including deleted ones.
The ChatGPT maker says the move undermines privacy and isn't relevant…