Standard Chartered has introduced a new service allowing eligible institutional clients to mint and redeem USDC stablecoins through its banking platform without needing direct Circle accounts. This service, starting in Dubai's DIFC, integrates fiat banking, custody, and blockchain infrastructure, aiming to support settlement, treasury, liquidity management, and future payment use cases. The move marks Standard Chartered as the first Global Systemically Important Bank to offer such regulated institutional access to USDC, reinforcing the UAE's growing role in digital asset regulation and infrastructure. Expansion to other markets is planned pending approvals.
PayPal's board has reportedly rejected an offer valuing the company at $60.50 per share, considering it inadequate. This comes as PayPal's stock currently trades at around $56 per share. The board's stance suggests they believe the company's value is...
The Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) provides investors S&P 500-like exposure combined with a call writing strategy to generate income. It currently trades at an 8.08% discount to its net asset value and offers an attractive, tax-e...
The European Union has expanded its sanctions against Russia by banning 14 crypto platforms, including Justin Sun-owned HTX, accusing them of helping blocked Russian entities move funds and bypass sanctions. This move prohibits EU persons and firms f...
Bitcoin's short-term holder market capitalization dropped to $236.2 billion, close to its lowest since mid-2024, signaling deepening losses among recent buyers who are selling below cost amid the 2026 market decline. Technical analysis highlights cri...
South Korea's largest crypto exchange, Upbit, will list two modular DeFi lending tokens, Morpho (MORPHO) and Euler (EUL), in its KRW market on July 25 and 26, 2026. Morpho's price rose 4.8% on the announcement, reflecting growing investor interest. T...
