Hyundai Card Tests Stablecoin Remittance With Tether
Hyundai Card said it completed an initial proof-of-concept for cross-border stablecoin remittances between Hyundai Motor America and Hyundai Motor Mexico, The Korea Herald reported July 9.
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
Crypto Platforms in Hong Kong Face 12-Month Deadline for New Anti-Phishing Requirements
TL;DR: Hong Kong’s SFC ordered virtual asset trading platforms and online brokers to adopt phishing-resistant authentication within 12 months, banning OTPs through SMS, email or app-based
Bitcoin ETFs Record $84.9M in Outflows, Reversing Tuesday’s Modest Inflow
TL;DR: Bitcoin ETFs lost $84.9 million on July 8, reversing July 7’s modest $21.5 million inflow after a stronger $265.7 million rebound on July 6. Ether
Sony Bank Gets Conditional Nod for U.S. Trust Unit
Sony Financial Group said July 6 that its board resolved for Sony Bank to establish a new U.S. subsidiary after receiving conditional OCC approval as part
Swift Opens Blockchain Ledger Pilot for 17 Banks
Swift said that its blockchain-based ledger is ready for initial use, with 17 banks from six continents preparing to pilot live transactions using tokenized deposits. The
Richard Teng Says Regulators Have Asked Binance to Apply for Licenses Following Its MiCA Withdrawal in Greece
TL;DR: Richard Teng said regulators invited Binance to apply for new crypto licenses after the exchange withdrew its MiCA application in Greece. Teng said Binance had
Coin98 Introduces Wallet Health, Positioning It as the Immune System for Your Digital Wealth
TL;DR: Coin98 introduced Wallet Health, a built-in dashboard inside Coin98 Super Wallet that scans wallet risks and returns a 0 to 100 Health Score. The tool
Bank of Korea Backs Bank-Led Won Stablecoins
The Bank of Korea reaffirmed July 9 that won stablecoin legislation should prioritize bank-led consortium issuance, citing materials submitted to the National Assembly’s Strategy and Finance
Optimism Showcases How Fintechs Use Blockchain Infrastructure to Control Settlement and Compliance
TL;DR: Optimism argues fintechs can use blockchain infrastructure to settle in seconds, cut processing fees and retain transaction economics that legacy rails capture. Compliance can run
XRPL Validators Rally Behind Latest Upgrade, Though Node Adoption Still Trails v3.1.3
TL;DR: XRPL v3.2.0 launched on June 15 to reduce operating costs, improve stability and support institutional use, but broader node adoption still trails v3.1.3. Around 43%
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