Treasury published a Notice of Proposed Rulemaking on August 17 to implement Section 3 of the GENIUS Act — the first concrete regulatory action from any agency since a seven-agency backlog caused a missed July 18 rulemaking deadline. By defining what it means to issue, offer, and sell payment stablecoins in the United States, the […]
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Thunes now lets eligible network members use the euro-backed stablecoin EURC to fund transactions around the clock. The service allows members of its Direct Global Network to manage treasury flows outside banking hours, including on weekends and holidays. It is available across Ethereum, Solana, Base and Stellar. EURC is issued by a regulated Circle affiliate [...] The post Thunes Adds 24/7 Funding With Euro-Backed Stablecoin EURC appeared first on Fintech Singapore .
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Binance said it will stop processing transactions involving 14 crypto-asset service providers and platforms as part of compliance measures tied to recent regulatory developments. The restrictions are being implemented in phases. Users will no longer be permitted to send funds to, receive funds from, or otherwise transact through Binance with the affected entities after their respective effective dates. Affected platforms Effective Aug. 7, 2026 Shelbit (Shelbit General Trading LLC) Aban Tether Exchange REGULATION | U.S. Sanctions 2 Crypto Exchanges […]
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KPMG U.S. issued a clean, unqualified audit opinion on Tether's 2025 financial statements after physically inspecting reserves and verifying balance sheets.
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Coinbase has secured regulatory approval to establish an international tokenisation hub in Abu Dhabi. The company received a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market. The approval allows it to arrange investment deals and provide custody services for tokenised securities. Coinbase said securities issued and registered in [...] The post Coinbase Gets Abu Dhabi Green Light for Tokenisation Hub appeared first on Fintech Singapore .
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Bitcoin Magazine Tether Finally Completes Independent Audit of Reserves With KPMG The stablecoin giant for years struggled to get a Big Four accounting firm to audit its reserves. No more. This post Tether Finally Completes Independent Audit of Reserves With KPMG first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
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منحت KPMG شركة Tether تدقيقاً نظيفاً لعام 2025، لكن الاحتياطي البالغ 6.8 مليار دولار الذي تم التحقق منه انخفض منذ ذلك الحين بنسبة 40% إلى 4.11 مليار دولار.
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Coinbase has secured regulatory approval to establish an international tokenisation hub in Abu Dhabi. The company received a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval allows it to arrange investment deals and provide custody services for tokenised securities. Coinbase said securities issued and registered [...] The post Coinbase Opens New Abu Dhabi Chapter With Tokenisation Hub appeared first on Fintech News UAE .
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