Polygon’s New Distributed record Unveiled: Is KATANA Crypto the Upcoming Binance Listing?
Polygon Labs has unveiled a new distributed ledger named Katana, which was created in strategic alliance with the crypto asset trading firm GSR. With more than $200 million in deposits locked in prior to its launch, traders are now predicting that KAT, the
South Korea Temporarily Halts CBDC Initiatives as Stablecoins Rise in Popularity
Heightened trading market engagement and the growing acceptance of stablecoins have hindered the South Korean CBDC initiatives. The nation has applied the brakes to its CBDC trial program, which had been in progress since April this year, following the resurgence of stablecoins backed
Africa Crypto News Weekly Recap: Surge in Crypto Payments in South Africa, Kenya Eliminates Crypto Tax as Yellow Card Enhances Stablecoin Adoption
In the most recent updates on African cryptocurrency: South Africa's crypto transactions reach 2M Rand each month, while Kenya abolishes its 3% tax on crypto. Yellow Card aims to increase the use of stablecoins. South Africa is a continental leader, with Luno Pay
UAE Company Allocates $100M to Trump-Associated WLFI Token
A UAE-based firm has committed $100 million to the WLFI (World Liberty Financial) Token, associated with Trump. On 26 June 2025, WLFI and Aqua1 Foundation, a Web3-centric investment vehicle, announced their strategic alliance as a strategic initiative aimed at enhancing the blockchain ecosystem
Kraken Secures First EU-Wide License Under MiCA Through Irish Central Bank
The crypto trading platform Kraken has officially obtained its Markets in Crypto-Assets (MiCA) licence from the Central Bank of Ireland, positioning it as one of the first significant platforms to secure full approval within the European Union’s new digital asset framework. This licence
Galaxy Digital Secures More Than $175 Million For Crypto asset Investments
The digital asset and distributed database investment firm, Galaxy Asset Management's Galaxy Digital, has reported that it has secured more than $175 million in capital commitments. These funds are designated for investments in “early-stage companies that are creating essential infrastructure and applications for
South Korea’s Largest Banks Collaborate on Won-Backed Stablecoin
A consortium of principal commercial banks in South Korea is making significant progress toward the introduction of a stablecoin linked to the Korean won. This coalition, featuring KB Kookmin, Shinhan, Woori, Nonghyup, Industrial Bank of Korea, Suhyup, Citi Korea, and Standard Chartered Korea,
South Korean Financial Institutions Collaborate on Won-Supported Stablecoin Project
A group of eight commercial banks in South Korea has united to create a won-backed stablecoin. Their declaration, made on 25 June 2025, signifies the inaugural instance of commercial banks in South Korea collaborating in a consortium to venture into the digital asset
Did Jerome Powell’s Crypto Greenlight Just Create The Conditions For a Parabolic Surge?
The endorsement of digital currency by Jerome Powell could ignite a parabolic surge. BTC is stable above $105,000, with potential for increases over $112,000. The Federal Reserve remains concentrated on inflation and monetary policy. In a fluctuating week, digital currency values have returned
Telcoin (TEL) Crypto asset Soars 30% as Optimism for Stablecoin Regulation Raises Prices in the U.S.
Telcoin is experiencing a surge, rising 30% over the last 48 hours. Could TEL crypto reach new heights? The enthusiasm is driven by encouraging regulatory changes in the United States. The GENIUS Act has passed in the Senate and is expected to receive
