14:06 2025-06-17
Namada has completed the final stage of its mainnet launchCosmos-based Namada has completed the final stages of its mainnet launch, launching a system designed to provide "privacy-as-a-service" for decentralized applications, assets and blockchains. The mainnet launch comes as Namada is in the midst of a free market token distribution to make its native token, NAM, liquid. Trading is expected to open this week as exchanges begin listing the token. The network is gearing up for several integrations to expand its cross-chain reach. Plans are currently un...
13:57 2025-06-17
Richard Liu: JD.com will apply for stablecoin licenses in major currency countries around the worldRichard Liu, chairperson of the board of directors of JD.com Group, said in a sharing session today that JD.com hopes to apply for stablecoin licenses in all major currency countries in the world, and then realize the exchange between global enterprises through the stablecoin license, reducing the cost of global cross-border transfer by 90%, and improving the efficiency to within 10 seconds. "Now it takes an average of 2 to 4 days for companies to send money, and the cost is quite high. After th...
13:45 2025-06-17
The Brazilian Bitcoin Reserve Bill has passed the First Committee for considerationThe Brazilian Bitcoin Reserve Bill "PL 4501/2023 or PL 4501/2024" has passed the First Committee for consideration. The bill proposes to establish a "sovereign strategic bitcoin reserve", allocating up to 5% of foreign exchange reserves to bitcoin. Once implemented, Brazil will become the second Latin American country after El Salvador to establish a legal BTC reserve. Pedro Giocondo Guara, the chief of staff to Brazil's vice president, said in March that the "strategic sovereign bitcoin reserve...
13:05 2025-06-17
Fold Holdings Signs $250 million Equity Purchase Agreement to Expand Bitcoin ReservesNasdaq-listed bitcoin financial services company Fold Holdings has signed a $250 million equity financing agreement, which will be mainly used to increase its bitcoin reserves.
Under the terms of the agreement, Fold may, at its sole discretion, issue proceeds raised in tranches of common stock up to a maximum of $250 million upon satisfaction of SEC registration requirements. Cohen & Company Capital Markets acted as the exclusive placement agent for this financing.
12:42 2025-06-17
Malaysia Launches Digital Asset Center to Test Stablecoins and Programmable CurrenciesMalaysia has launched the Digital Asset Innovation Hub programme, which will act as a regulatory sandbox to enable fintech and digital asset companies to test new technologies under the supervision of the country's central bank. Prime Minister Anwar Ibrahim announced the initiative at the Sasana 2025 Symposium in Kuala Lumpur on Tuesday. He described the hub as the "start of a new chapter" in Malaysia's digital economy.
Ibrahim detailed that the sandbox will allow programmable payments, ringgit-...
12:42 2025-06-17
Cryptocurrency Payroll Platform Volante Chain Secures $2 million in Private FundingFormer OpenAI employee Joey Bertschler announced the creation of cryptocurrency payroll distribution platform Volante Chain at the German Blockchain and artificial intelligence Week, which has received $2 million in private investment. The platform uses blockchain technology to implement same-day payroll settlement, and is currently conducting MVP stage tests in Vietnam and Japan, covering thousands of users.
12:30 2025-06-17
White House digital asset policy advisor: hope to see the final passage of the GENIUS stablecoin billBo Hines, White House policy adviser on digital assets, said in a post that he hoped to see the final passage of the GENIUS Stablecoin Act, a landmark piece of legislation that would: upgrade our payment channels for the digital age; establish US dominance in digital asset innovation; preserve the dollar's status as the world's reserve currency; provide regulatory clarity for stablecoins; and provide Americans with faster, cheaper and more reliable transactions. The future of finance has arrived...