Cryptocurrency News, Analysis, and Blockchain Insights

Jack Dorsey’s Cash App has announced that users will soon be able to send stablecoin payments. The new feature will support multiple stablecoins and networks when it becomes available.  Cash App has also launched a feature that will allow users to send USD through the Bitcoin Lightning Network.  Cash App Embraces Stablecoin Payments  Jack Dorsey […]

Prediction market Polymarket has resumed operations in the US in beta mode. The resumption was confirmed by the platform’s founder, Shayne Coplan, at the Cantor Fitzgerald conference.  Polymarket’s return to the US market materialized after the platform resolved issues with local regulators, including the CFTC.  Polymarket Resumes US Operations In Beta Mode  Polymarket founder Shayne […]

The Southwark Crown Court has sentenced Zhimin Qian, also known as Yadi Zhang, to eleven years and eight months in prison for her role in laundering Bitcoin (BTC) from a £600 million Chinese investment fraud.  British authorities say Qian was the mastermind of a Ponzi scheme that defrauded over 128,000 investors in China.  UK Sentences […]

Standard Chartered has announced a partnership with DCS Card Center to support DeCard, a credit card that enables real-world stablecoin spending. The partnership will first launch in Singapore and then expand into other key markets.  Standard Chartered-DCS Partnership  The partnership will see Standard Chartered provide comprehensive transaction banking and financial markets services to support DeCard’s user […]

The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins. Such stablecoins are a new type of digital money designed to maintain a stable value and could be used for retail payments and wholesale settlement in the future. This marks a significant […]