In brief
Anchorpoint, a new joint venture between Standard Chartered and Animoca Brands, will apply for a license under Hong Kong's new stablecoin framework.
Hong Kong launched its fiat-referenced stablecoin licensing regime…
KakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports.In its first-half earnings call on Tuesday, KakaoBank CFO Kwon Tae-hoon said the firm is “actively considering”…
Ripple is buying Rail, a stablecoin payments platform, for $200 million, the firm said on Thursday.The deal is likely to close in the fourth quarter of this year, the statement…
Ripple Labs (XRP) has announced that it is acquiring stablecoin platform Rail in a deal worth approximately $200 million. Ripple has invested heavily in stablecoin infrastructure in recent months, even…
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO…
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a past partnership…
In brief
New York-based fintech Paxos worked with Binance to mint the BUSD stablecoin.
It stopped working with Binance in 2023.
New York's regulator has said Paxos will pay a $26.5…
Ripple has agreed to acquire Rail, a
stablecoin-focused global payments platform, for $200 million. The deal,
announced this week, is expected to close in the fourth quarter of 2025,
pending regulatory approvals. It…
In brief
Ripple has agreed to acquire Rail for $200 million.
The Canadian stablecoin platform has key compliance features.
The companies will promote RLUSD and XRP’s use in payments.
Ripple has entered into a…
The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of…