Jack Ma-Backed Ant Group Eyes Stablecoin Licenses in Asia
Ant Group, backed by Jack Ma, plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg to expand its blockchain and digital currency initiatives globally.
US Bancorp studying stablecoins as crypto custody arm sees revival
US Bancorp’s crypto custody business is reviving under Trump’s crypto-friendly policies. The bank is exploring stablecoin roles, including potential issuance and infrastructure services, amid regulatory clarity from the GENIUS Act.
DeFi Development to refile $1B Solana plan after SEC filing snag
DeFi Development Corp withdraws SEC filing for $1B Solana purchase plan due to technical issues but plans to refile. The firm continues expanding its Solana treasury and adopts liquid staking.
French police make more arrests in crypto kidnapping case
French police arrested more suspects in a crypto entrepreneur kidnapping case involving ransom demands. Crypto-related kidnappings are rising in France, prompting increased security measures and government action.
Australian Woman Hit With Ten-Year Ban Over $9.6 Million Crypto Scheme – Decrypt
ASIC banned Glenda Rogan for ten years after allegedly transferring $9.6 million from clients to a crypto scam, misleading them about the investment’s safety and risks.
Lawmaker Seeks Full Crypto Conflict Ban for Congress, White House, Agencies – Legal Bitcoin News
Congressman Jim Himes proposes banning federal officials and their families from profiting via crypto conflicts of interest, aiming to expand ethical safeguards in government.
Australia Slaps 10-Year Ban on Adviser Over $9.6M Crypto Scam
ASIC bans financial adviser Glenda Maree Rogan for 10 years after she diverted $9.6M from clients into a crypto scam disguised as a fixed-income investment, using a flagged UK platform.
Russia Gets Tough On Crypto Miners—Illegal Operations Face Asset Seizures
Russia plans strict penalties for unauthorized crypto mining, including fines and asset seizures. New rules target individuals, companies, and mining pools, with harsher penalties for illegal operations.
Disney, Universal, DreamWorks Sue Midjourney, Call It a ‘Bottomless Pit of Plagiarism’ – Decrypt
Disney, Universal, and other studios sue Midjourney, alleging its AI tool creates unauthorized copies of copyrighted characters like Yoda and Shrek, calling it a ‘bottomless pit of plagiarism.’
De-Dollarization Surges in Asia, Challenging Dollar Dominance in Global Trade – Economics Bitcoin News
Asia’s de-dollarization trend is accelerating as BRICS and ASEAN promote local-currency trade, reducing reliance on the U.S. dollar and increasing currency hedging to record levels.
