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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 13:36
    Anchorage Digital partners with Ethena Labs to launch the first GENIUS Act-compliant, federally regulated stablecoin
    According to ChainCatcher, citing a report from Businesswire, Anchorage Digital, a federally chartered crypto bank in the United States, has announced a strategic partnership with Ethena Labs to introduce USDtb to the U.S. market, making it a stablecoin with a clear path to compliance under the recently enacted GENIUS Act. This issuance will mark the first use of Anchorage Digital’s stablecoin issuance platform—a turnkey solution designed for institutions to issue and manage fully regulated digital dollars. Anchorage Digital chose to partner with Ethena, which focuses on developing secure, compliance-driven rails and products that provide institutional investors with unique access to digital asset opportunities. Under this partnership, the USDtb stablecoin, which is currently issued overseas, will now be issued in the United States by Anchorage Digital. This move will position Anchorage Digital Bank as a leading stablecoin issuer in the U.S., serving institutions seeking compliant, programmable digital dollars that meet the highest regulatory standards set by the GENIUS Act.
  • 13:36
    U.S. stocks open with the Dow Jones down 0.52%
    According to Jinse Finance, market data shows that at the opening of the U.S. stock market, the Dow Jones Industrial Average fell by 0.52%, the S&P 500 Index rose by 0.14%, and the Nasdaq increased by 0.37%.
  • 13:26
    Some Applicants for Hong Kong Stablecoin Licenses Have Already Secured Custodian Banks
    According to a report by Jinse Finance, as disclosed by 21st Century Business Herald, some institutions planning to apply for a Hong Kong stablecoin license have already finalized their custodian banks: ZA Bank and Deutsche Bank have been selected by certain institutions; Standard Chartered and Fusion Bank are also potential custodian banks; HSBC has recently launched new virtual asset-related services. In addition, Chinese-funded banks in Hong Kong are actively expanding their presence, with CMB Wing Lung Bank, a subsidiary of China Merchants Bank, stepping up its promotion of stablecoin custody services. However, as of now, the three “sandbox” institutions—Yuanbi Innovation Technology, JD Coin Chain Technology, and the consortium formed by Standard Chartered, Animoca Group, and HKT—have yet to fully announce their chosen custodian banks.
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