Author: Julian Maddox

China is reportedly considering the launch of a yuan-backed stablecoin, potentially marking a new chapter in the global financial system. The move, with an initial rollout suggested in Hong Kong and Shanghai, would represent a shift in policy after years of strict crackdowns on cryptocurrency while simultaneously promoting the central

SharpLink Gaming, the second-largest corporate holder of Ether, has approved a $1.5 billion share repurchase programme to reinforce its Ethereum-focused treasury strategy. The move highlights the betting platform’s growing commitment to Ether as its primary reserve asset. Buyback Programme Announced The company revealed on Friday that its board has authorised

Decentralised finance aggregator 1inch has introduced a new system for crosschain swaps between Solana and EVM-compatible networks, removing the need for bridges and embedding protection against maximal extractable value (MEV). The launch is positioned as a milestone in creating a safer and more seamless decentralised trading experience. The Problem with

The United Kingdom has imposed sanctions on Kyrgyz banks, cryptocurrency exchanges and individuals it says were helping Russia bypass Western restrictions through a ruble-backed stablecoin operation worth $9.3 billion. Measures Target Financial and Crypto Sectors The new sanctions add to more than 2,700 restrictions already enforced by the UK against

A United States federal judge has ordered the founder of collapsed crypto platform EminiFX, Eddy Alexandre, to repay more than $228 million after ruling the company operated as a Ponzi scheme that defrauded tens of thousands of investors. Court Rules on Restitution and Disgorgement US District Judge Valerie Caproni delivered

The inclusion of cryptocurrency in US retirement plans may push Bitcoin to record highs, with predictions suggesting a potential rise to $200,000 by the end of 2025. Trump Order Opens Door to Digital Assets in 401(k) Plans President Donald Trump signed an executive order on 7 August allowing Americans to

Wyoming has officially launched the Frontier Stable Token (FRNT), making it one of the first US states to issue its own state-backed stablecoin. The development positions Wyoming at the forefront of digital asset regulation and adoption in the United States. Mainnet Launch and Reserve Backing The Wyoming Stable Token Commission,

Winklevoss twins push for Wall Street debut with ticker GEMI Gemini, the cryptocurrency exchange and custodian founded by Cameron and Tyler Winklevoss, has officially filed with the US Securities and Exchange Commission (SEC) to list on the Nasdaq Global Select Market under the ticker symbol GEMI. The filing comes after