Crypto News
Circle’s USDC to be First USD Stablecoin in Japan
SBI VC Trade, a subsidiary of financial giant SBI Holdings, has secured regulatory approval as an Electronic Payments Provider in Japan.The regulatory approval, granted under the Japan Financial Services Agency’s (JFSA) new framework, allows the exchange to offer stablecoins, making it the first in the country to list and distribute USDC."USDC becomes the first and only global dollar stablecoin to become approved for use in Japan," wrote Circle CEO Jeremy Allaire.In Japan, regulatory changes in 2023 cleared the way for licensed intermediaries to handle foreign stablecoins, subject to oversight.Source link
Bitcoin Sinks Further as Tariff Fears Wipe Out Trump ‘Reserve’ Gains
The price of Bitcoin slipped below $82,000 Tuesday, reversing recent gains as President Trump’s 25% tariffs on Mexico and Canada took effect.Source link
Anza Commits to Scale Solana to 1 Million Transactions per Second
Anza, the Solana-focused software development firm in charge of the Agave client, has released its roadmap for 2025. The main focus is to make Solana a faster and more effective network, aiming to reach the 1 million transactions per second (TPS) mark in the future. Anza stated that is preparing to increase its capacity, whichSource link
Beyond Party Lines: Securing America’s Crypto Innovation Edge
The United States is undisputedly the leader of global innovation. From technology, to agriculture, to finance, we stand alone.We have retained this position not because we force innovators to adopt our values, but because we allow entrepreneurs, who hold these values, to build in the United States free from government interference and excessive regulations. These aren’t Republican or Democrat ideals – they’re American ones.Nowhere is this more apparent than in cryptocurrency. Cryptocurrency empowers individuals to take ownership of their financial futures. It enables economic freedom, ensuring that all Americans – regardless of their background – have access to the tools they need to be successful. Crypto has the potential to shift the power from the centralized institutions that control much...
IMF Imposes New Bitcoin Rules on El Salvador Through Its $1.4 Billion Loan
The new rules require the publication of all government Bitcoin wallet addresses and audited financial statements for crypto-related entities.Source link