Japan’s SBI and Startale plan regulated yen stablecoin in 2026 under new framework
Japanese financial conglomerate SBI Holdings and Web3 infrastructure company Startale Group have signed a memorandum of understanding (MoU) to develop a fully regulated Japanese yen-denominated stablecoin, targeting tokenized asset markets and global settlement, the companies said in a press rele ...
De-dollarization: Is it really happening?
De-dollarization, the decline of the United States dollar as the world’s dominant reserved currency, is underway, and it’s gaining momentum. For over 100 years, the U.S. dollar has been the world reserve currency, which means it has been the dominant foreign currency held by central b ...
MtGox Bankruptcy Update: Claims Deadline Passes, Payment Distribution Expected by October 2023
MtGox, the defunct cryptocurrency exchange, has made an announcement that marks the end of the period for customers to file claims for damages. The exchange has confirmed that those who submitted their applications before the deadline will receive payment soon. However, customers are no longer ...