Japan’s Financial Services Agency is expected to approve the country’s first yen-pegged stablecoin in late 2025, led by Tokyo-based firm JPYC. The stablecoin will maintain a 1:1 value with the yen and be backed by liquid assets including bank deposits and Japanese government bonds. JPYC’s spokesperson argues the stablecoin couldContinue Reading
Ripple has announced it is acquiring the stablecoin-powered business-to-business payments processing company, Rail, for US$200 million. The deal, which is expected to be completed in Q4 2025, will see Ripple become a “one stop shop” for digital assets payments and custody. The acquisition comes just weeks after Donald Trump signedContinue Reading
Bullish is pursuing a US IPO on the NYSE under the ticker “BLSH”. The company seeks to raise up to US$629 million, targeting a valuation of roughly US$4.23 billion. BlackRock and ARK Investment are among the major investors who have indicated interest in purchasing shares, reflecting renewed optimism for cryptoContinue Reading
