Canada has published draft rules that would require stablecoin issuers to back every token one-for-one, bar them from paying interest, and place them under Bank of Canada supervision. The Department of Finance released the proposals in the Canada Gazette ... See more
Ripple has won final approval from the OCC to run federally supervised reserves and custody for its $2.5 billion RLUSD stablecoin, The Block reported on October 26. The new Ripple National Trust Bank cannot take deposits or lend, and RLUSD issuance stays ... See more
Tourists in Thailand can now spend USDT and USDC at local merchants without those merchants touching crypto. WORPT, a wallet launched under the Thai SEC's tourist Digipay sandbox, converts stablecoins into baht and pays shops through QR Promptpay, Bitcoin... See more
Sony-backed layer-2 network Soneium is repositioning itself as an entertainment economy, announcing a tokenized IP framework, K-pop concert royalty deals and a planned native token. The October 26 roadmap lets creators, studios and fans share in the finan... See more
The Central Bank of Ireland has fined Coinbase Ireland €3.25 million for failing to properly safeguard customer funds, after calculation errors left daily shortfalls that reached €5.2 million in 2024. Coinbase says no customers lost money and the problems... See more
