Standard Chartered has become the first Global Systemically Important Bank to allow institutional clients to mint and redeem USDC stablecoins directly through the bank without needing a separate account with issuer Circle. This new service launched initially in Dubai and aims to simplify digital asset transactions within the bank's existing compliance framework. The move supports broader institutional adoption of digital assets by integrating trusted governance and regulatory oversight. Standard Chartered plans to expand this offering to other markets pending regulatory approval.
Batmobile Racing, partnered with Fasoul and Lightec, secured a double victory in the Pro class at the Lamborghini Super Trofeo Asia held at Fuji Speedway. Drivers William Tregurtha and Jonathan Cecotto led the races with their Lamborghini Huracán Sup...
Pepeto, a new Ethereum-based cryptocurrency, is about to debut on Binance after raising $10.37 million in its presale, signaling strong investor interest. The project offers a fully built DeFi platform, addressing utility gaps that Cardano has strugg...
Edelson Lechtzin LLP is investigating whether Swatch Group raised prices on watches and jewelry due to tariffs imposed under the Trump administration and failed to refund customers after the U.S. Supreme Court invalidated those tariffs in February 20...
Milestone Pharmaceuticals announced it granted 288,000 stock options to six new employees as an inducement to join the company. The options have an exercise price of $1.32 per share, matching the closing price on July 1, 2026, and will vest over four...
Edelson Lechtzin LLP is investigating Hermès for allegedly raising prices on luxury goods due to tariffs imposed during 2025 and not refunding customers after the U.S. Supreme Court invalidated those tariffs in February 2026. The investigation focuse...
