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BISHKEK, Kyrgyzstan, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar, with an initial issue of $50 million. The token is issued on Tron and fully audited by ConsenSys Diligence…
Kyrgyzstan's stablecoin initiative could enhance regional financial inclusion and transparency, setting a precedent for state-backed digital currencies. The post Kyrgyzstan launches $50M gold-backed USDKG stablecoin to modernize cross-border payments appeared…
The House of Representatives will vote this week on the National Defense Authorization Act—the annual defense budgeting bill that authorizes programs and sets spending goals.... Read More The post House Moves to Pass Defense Bill With Major Policy Changes app…
Stablecoins were once a minor appendage of crypto markets, a functional parking spot for traders cycling between Bitcoin and Ethereum. However, framing no longer fits. With a circulating supply above $300 billion and annual trading volumes exceeding $23 trill…
Congress passes $900B defense bill targeting China with new investment restrictions, military technology bans, and 4% pay raise for troops nationwide.
India is considering regulating rupee-backed stablecoins. This move follows growing demand and concerns about financial stability. Two firms are developing India's first rupee-backed stablecoin for a 2026 launch. The government aims to explore this in its upc…
Robinhood is acquiring two Indonesian firms to enter Southeast Asia's crypto market, targeting 17 million investors in the region.
The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.
Former Google product lead and Brava Finance founder Graham Cooke says the world is entering a new financial era,. And according to him, the market has...
China's integration of blockchain and digital yuan in finance could streamline processes, enhance transparency, and influence global digital currency adoption. The post Huaxia Bank issues 637M blockchain bonds settled in digital yuan appeared first on Crypto …
Stablecoins have the potential to broaden individuals’ access to financial services, but that may come at the cost of central banks, per IMF.
India's next major digital public infrastructure, Finternet, is set to launch next year, beginning with capital markets and regulated financial assets. This Nandan Nilekani-backed project aims to create unified ledgers for tokenized money and assets, enabling…
Hua Xia Bank, a commercial bank operating in China, has successfully issued $600 million in tokenized yuan-backed bonds to onchain holders.
India's Dream11 is pivoting to a second-screen platform for live sports following a new online gaming bill that banned real-money contests. The reinvented app will host watch-along rooms with creators, offering commentary and social features alongside broadca…
Bank issues over $637m worth of bonds All purchases were made using digital yuan wallets Huaxia is majority state-owned