Author: admin

Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026, the Nikkei reported on Monday.The online banking arm of Sony Financial Group, which was spun out of the electronics giant this year, envisages the USD-pegged stablecoin being used to pay for games and anime, according to the report. Customers largely use credit cards to complete such transactions at present, so Sony may look to promote stablecoin payments through the lower fees they enable.Sony Bank applied for a banking license in the U.S. in October and plans to establish a subsidiary to handle the…

Bank of Israel Governor Amir Yaron signaled that the country is preparing for far more active oversight of stablecoins.Speaking at the Bank of Israel’s Payments in the Evolving Era conference in Tel Aviv, Yaron framed private digital dollars as a payments force that regulators can no longer treat as peripheral.Yaron stressed that stablecoins have already become deeply embedded in global money flows, noting a market capitalization above $300 billion and more than $2 trillion in monthly transaction volume. “Given adoption among the public, it cannot be said that this is a marginal phenomenon,” he told attendees before comparing the sector’s…

Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% levy that would bring digital assets in line with equities and investment trusts, per Nikkei. The shift marks the country’s most significant policy update for the sector in years and reflects a growing view among regulators that crypto has matured into a mainstream investment class.The proposal, backed by the government and ruling coalition, would place crypto profits under Japan’s separate-taxation framework, where certain income streams are treated independently from wages and business earnings. That structure splits the 20% take between the national government and regional…

On November 28, 2025, the People’s Bank of China (PBOC) convened a crucial meeting involving several key government agencies, including the Ministry of Public Security and the Cyberspace Administration, to reaffirm its robust stance against cryptocurrency activities. This meeting highlighted China’s unwavering resolve to combat the rise of virtual currency trading and its associated risks, underscoring their intention to maintain the prohibition on digital assets like Bitcoin and stablecoins. China’s stringent policies against cryptocurrencies have been in place for several years, driven by concerns over potential financial instability and illegal activities such as money laundering. The country, which once dominated…

XRP has started to show early signs of strength after a prolonged downtrend, catching the attention of traders looking for a potential recovery play. While the market remains fragile and dominated by macro uncertainty, the recent bounce from local lows and the shift in momentum suggest that the token might be gearing up for a short-term trend reversal. XRP Technical Analysis By Shayan The USDT Pair On the daily chart, XRPUSDT is moving within a well-defined falling wedge, which began after its failed breakout of $3.20 level. The price has recently bounced from the lower boundary of this descending structure…

Bitcoin crept back toward $92,000 as markets slowly recovered from last week’s heavy sell-off, but mounting resistance threatens to keep the broader downtrend intact.

Bitcoin advocate Saifedean Ammous ignited lively debate between Bitcoiners and privacy advocates after he questioned the perceived importance of privacy as a key characteristic of money in an exclusive interview with Cointelegraph.“This is the question. How much demand is there for money that does not get debased versus how much demand is there for money that allows you to maintain your privacy?” Ammous said.Ammous, the author of The Bitcoin Standard, described Zcash as a “shitcoin” and raised concerns about the initial launch of the project, which involved a trusted setup ceremony in 2016 to generate the cryptographic parameters for its…

Bitcoin’s (BTC) relief rally to $91,000 appears to be cooling, but analysts say the short-term trend for BTC “remains up.” Key takeaways:Bitcoin must next take out immediate resistance between $92,000 and $95,000.Spot volume and trading activity must recover to lift BTC back into six figures.Bitcoin bulls must reclaim the yearly open firstThe BTC/USD pair has been trading within a tight range between $90,300 and $92,000 since recovering from multimonth lows of $80,000, per data from Cointelegraph Markets Pro and TradingView.Private wealth manager Swissblock said that Bitcoin’s break below the yearly open at $93,300 was the “real shift” in trend.Related: Bitcoin set…

Blockchain gaming company Wemade is pushing for a Korean won-based stablecoin ecosystem, forming a Global Alliance for KRW Stablecoins (GAKS) with Chainalysis, CertiK and SentBe as founding partners. Wemade announced that the alliance will support StableNet, a dedicated mainnet for Korean won-backed stablecoins, with publicly released code and a consortium model that aims to meet institutional and regulatory requirements. Within the partnership, Chainalysis will integrate threat detection and real-time monitoring, while CertiK will handle node validation and security audits. Money transfer company SentBe will contribute licensed remittance infrastructure across 174 countries. This allows the KRW stablecoin initiative to operate within South Korea’s regulated…

In brief A partisan report from the House Judiciary Committee Democrats has accused President Trump of using the White House to enrich himself and his family via crypto. The report alleges that Trump has removed consumer protections, solicited foreign investment and performed favors for the crypto industry, while making $800 million from sales of his company’s tokens in H1 2025. The report’s primary author, Representative Jamie Raskin (D-MD), has called on Congress to defend the rule of law and expose Trump’s “grift.” Donald Trump and his family have used the presidency to make hundreds of millions of dollars from “cryptocurrency…