FSA Launches Payment Innovation Project with Landmark Stablecoin Experiment from Banking Giants
Reading time: < 1 minuteJapan’s Financial Services Agency (FSA) has formally launched its Payment Innovation Project (PIP), and its inaugural initiative is a major one: a stablecoin pilot backed by a consortium of the country’s three major banks.
JPMorgan Forecasts $170,000 Bitcoin as Deleveraging Concludes
Reading time: < 1 minuteJPMorgan analysts project a rise to around $170,000 for Bitcoin in the coming year, following a significant market correction that they believe has run its course.
Building the Digital Future: HKMA Lays Groundwork for CBDC with First Tokenized Fund
Reading time: < 1 minuteHong Kong’s central bank is using the launch of the city’s first tokenized fund to build the infrastructure for a future central bank digital currency (CBDC).
UK Sets Nov. 10 for Stablecoin Rulebook, Denies Lagging Behind US
Reading time: < 1 minuteThe UK is charging ahead with its plans to regulate stablecoins, with the Bank of England set to publish its consultation on November 10.
Mastercard, Gemini to Use Regulated Stablecoin for Card Settlement
Reading time: < 1 minuteEmphasizing regulatory compliance, Mastercard, Gemini, and Ripple have announced a partnership to explore card transaction settlement using a regulated stablecoin, RLUSD, on a public blockchain.
Gemini Plots Move into Booming Prediction Market Arena
Reading time: < 1 minuteGemini is gearing up to launch prediction markets.
‘A Recalibration, Not a Pause’: Analysts Warn as Crypto ETFs Bleed $800 Million
Reading time: < 1 minuteAs the crypto market reels, a stark new narrative is emerging from the ETF flow data: institutions are not just pausing, they are actively repositioning out of digital assets.
Canada Commits to Stablecoin Law in New Budget
Reading time: < 1 minuteCanada will regulate stablecoins. The 2025 federal budget includes a plan to introduce legislation requiring issuers to hold proper reserves and protect user data.
Ripple Unleashes Prime Brokerage on US Markets
Reading time: < 1 minuteFresh from a spending spree exceeding $2.25 billion, Ripple is deploying its new assets.
Withdrawals Frozen at Stream Finance: What Users Need to Know After $93M Blow
Reading time: < 1 minuteUsers of Stream Finance are currently unable to access their funds.
