Global #stablecoins.

Canadian banking regulators, including the Office of the Superintendent of Financial Institutions (OSFI) and the Bank of Canada, have announced plans to develop a regulatory framework for stablecoins.

Bitcoin traded in a narrow range during U.S. market hours on Thursday, maintaining a position above the $107,000 mark as traders prepared for a major quarterly options expiry set for Friday.

In a significant move toward global financial alignment, top regulators from the United States and the United Kingdom have pledged stronger cooperation on digital asset oversight.

Hong Kong is positioning itself as a global front-runner in cryptocurrency oversight with the launch of a new stablecoin licensing regime set to take effect on August 1.

In a pivotal shift for the financial sector, Bank of America and U.S. Bank have announced plans to integrate stablecoins, marking a significant step toward merging traditional banking with digital assets.

While USDT continued its reign as the dominant asset on the Tron network in 2024, with its supply and transfer volumes reaching new heights, the network witnessed a significant shift towards decentralized finance (DeFi) activity.