Crypto News

Tether Launches USDT on Kaia Blockchain Bringing Stablecoin Access to 196 Million Users

LINE NEXT and Kaia have teamed up with Tether to bring USDT to Kaia’s blockchain, enabling 196 million LINE users across Asia to access stablecoin payments, transfers, and DeFi services directly within LINE Messenger. Stablecoin Adoption Expands in Asia as LINE NEXT Integrates USDT Tether’s USDT is now live on the Kaia blockchain, thanks toSource link

Bitcoin Is Set Up ‘Perfect for a Rally’ Thanks to Fed, Says Arthur Hayes

Everything is in place in order for Bitcoin to rally to new heights this year, said crypto entrepreneur Arthur Hayes.Source link

OCC: Banks Can Buy and Sell Their Customers’ Crypto Assets Held in Custody

The U.S. Office of the Comptroller of the Currency, which regulates national banks, has continued its about-face to earlier resistance to cryptocurrency in banking, issuing interpretive letters that say the institutions can — at their customers' behest — buy and sell crypto assets in custody.The newly explained policy stance released by the OCC on Wednesday also clarified that the bankers can outsource crypto activities to third parties, including custody and executive services. As long as it all still checks the boxes of the watchdog's safety-and-soundness requirements, the OCC is giving the banks more crypto freedom.This week's move follows the agency's March reversal of a longstanding policy that demanded bankers check with their government supervisors before moving ahead with new crypto...

Visa Bets on Stablecoin Demand With Investment in BVNK

Payments giant Visa has made a strategic investment in stablecoin infrastructure startup, BVNK—its second crypto move in recent days.Source link

Bitcoin Edges Higher After Fed Leaves Rates Untouched

The central bank committee members unanimously voted to keep rates unchanged and expressed concerns about the elevated levels of inflation. BTC Trends Upward After Fed’s Rate Decision The price of bitcoin (BTC) jumped 2% after the U.S. Federal Reserve decided to keep its policy rate in the 4.25% – 4.5% range on Wednesday afternoon sightingSource link