
Finance
China, S.Korea roll out stablecoins; Italy flags issuance risk
AnchorX launched the first yuan-backed stablecoin, AxCNH, to target cross-border payments, tokenization, and to counter dollar-backed stablecoin dominance.
Asia tackles wallet fraud; Egypt boosts digital finance
Asia’s top e-wallets unite to fight fraud using emerging tech, while Egypt accelerates digital wallet adoption in its push for...
Hong Kong eases banking laws as UBS pilots tokenization
While the HKMA plans to relax Basel Committee standards to ease capital mandates, UBS is launching a pilot exploring automated...
Albania’s cashless ambitions; Saudi seeks digital remittances
Albania targets a cashless economy by 2030, while Saudi Arabia sees rising digital app use for remittances, driven by efficiency...
Sub-Saharan Africa records 52% growth in digital asset volume
Sub-Saharan Africa ranked third after APAC and Latin America in year-over-year growth in ‘crypto’ volume, with Nigeria and South Africa...
Hyperliquid stablecoin auction
Hyperliquid introduces USDH, a new dollar-backed stablecoin designed to give its community more control and reduce reliance on USDC.
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