World Liberty Financial (WLFI), a crypto platform tied to US President Donald Trump’s family, has partnered with London hedge fund Re7 to launch a USD1 stablecoin vault across Euler Finance and liquid staking protocol Lista. The partnership is part of a broader effort to expand the presence of World Liberty’s USD1 stablecoin on the BNB…
Ensuring top-notch cybersecurity is an essential necessity for businesses to set up shop in the modern business world, and the crypto industry is no exception. Similar to their Web2 counterparts, the crypto landscape fights its own battle against the ever-increasing scams and other security risks. Straightforward scams have transformed into complex, multi-layered operations that pose…
Opinion by: Irina Heaver, crypto lawyer. Founders who treat regulatory structuring as a central part of their go-to-market strategy are the ones who thrive in the UAE. Unfortunately, many founders view licensing as an afterthought. The UAE is not a place where you can cut corners. It is, however, a place where thoughtful, well-prepared founders…
Hong Kong’s latest digital asset blueprint places stablecoin regulation and asset tokenization at the heart of its strategy to become a global crypto and fintech hub. The policy statement, issued on Thursday, introduces a framework known as “LEAP,” targeting legal clarity, ecosystem expansion, real-world applications and talent development. It builds on the foundation laid by the government’s first…
World Liberty Financial, the crypto venture linked to US President Donald Trump, is preparing to release an audit of its stablecoin and hinted that its governance token, WLFI, may soon be transferable. Speaking at the Permissionless conference in Brooklyn on Wednesday, co-founder Zak Folkman told Blockworks’ Jason Yanowitz that the company’s stablecoin had recently received its first…
World Liberty Financial, the cryptocurrency company backed by US President Donald Trump and his family, has reported that a United Arab Emirates-based company purchased $100 million worth of the platform’s governance token, WLFI. In a Thursday notice, World Liberty and Aqua1 Foundation — self-described as a “Web3-native fund” — said the $100-million deal was “intended to help…
Cryptocurrency exchange Kraken announced that it can now expand its offerings and across European Union’s member states after securing a license under the Markets in Crypto-Assets (MiCA) framework. In a Wednesday notice, Kraken said it had received the MiCA license from the Central Bank of Ireland, allowing the exchange to offer regulated services to residents in the…
A new report from the Bank for International Settlements (BIS) challenged the notion that stablecoins can serve as money in a modern financial system. According to the BIS Annual Economic Report 2025, stablecoins fail the fundamental tests of “singleness,” “elasticity” and “integrity,” three critical criteria that define effective monetary instruments. The BIS described stablecoins as “digital…
Coinbase Global (COIN) stock extended its rally on Wednesday, setting a fresh 52-week high and coming within range of its record closing price from November 2021, as the broader digital asset industry followed Bitcoin’s lead. Shares of the crypto exchange rallied by as much as 7.1% Wednesday morning, reaching an intraday high of $369.25, according…
Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and other major…