Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa
Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.
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10 stablecoin issuers approved under EU’s MiCA — Tether is left out
The European Union continues to lead the world in regulations, but at the cost of economic growth, competitiveness and tech innovation.

DeFi liquidity protocol adds Consensys-developed zkEVM rollup Linea
The co-founder of the liquidity protocol said the zk roll-up-based scalable solution has the potential to solve the scalability dilemma put forward by Ethereum co-founder Vitalik Buterin. 434 Total views 2 Total shares Amid the growing popularity of zero-knowledge (ZK) proof based layer-2 scalable solution, decentralized finance liquidity protocol Symbiosis has added support for Linea,…

Russia doesn’t need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble. 1845 Total views 20 Total shares A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.However, according to Dmitry Peskov, a special representative of the President…

If Credit Suisse collapses, will it bring more volatility to the crypto market? Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the Credit Suisse situation and what impact it would have on the cryptocurrency market if it did collapse. 390 Total views 34 Total shares On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the potential collapse of the Credit Suisse…

Payments Startup Raises $80M From SBI Group, Visa Invest and Others
Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors.Per a Jan. 27 press release, London-based Currencycloud secured $80 million from SBI Group, Visa, International Finance Corporation, BNP Paribas and Siam Commercial Bank. Following the investment, Colleen Ostrowski, senior vice president and treasurer of Visa Inc, will join…

SEC Chairman: Investors Should Consider Lack of ‘Safeguards’ Before Investing in Crypto
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated his wary view of the crypto markets during an interview. His discussion with New York Times columnist Andrew Ross Sorkin took place at the The Times Center in New York City Nov. 29.Mid-way through the interview, Clayton told Sorkin that the securities regulator had worked…

Regulated Swiss Crypto Bank SEBA Opens Doors
Switzerland-based cryptocurrency bank SEBA has launched its services for professional investors and enterprise clients, according to an official news release published on Nov. 12.As reported, SEBA Bank AG (formerly SEBA Crypto AG) is a fully-regulated institution, having secured a banking and securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA) in August of…

Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.