11 stories about Financial from across the crypto press, curated and summarized daily. Most recent: Sep 8, 2026.
Uzbekistan's Humo Digital has launched a pilot program for HUMO stablecoin payments, backed by government bonds. The test involves over 20 merchants and is conducted under a sandbox jointly overseen by the National Agency of Project Management (NAPP) and Uzbekistan's central bank.
Singapore's financial regulator has proposed new rules requiring stablecoin issuers to hold 100% reserves and banning yield-generating stablecoins. The rules align with U.S. and EU frameworks and aim to recognize foreign stablecoins.
Shinhan Financial Group is collaborating with Visa to test stablecoin issuance and business-to-business (B2B) settlements. This pilot aims to streamline cross-border payments and explore AI-driven payment models.
Ondo is shifting away from its blockchain for tokenized assets to focus on a private, high-speed trading network. This new network will power its perpetual futures platform and eventually support trading across onchain financial assets.
Japan's lawmakers have reclassified cryptocurrencies as financial assets, moving beyond their previous status as a payment method. The change is designed to create rules suited for investment products and is expected to lead to tax reductions for crypto investors.
AscendEX announced on July 6 that it has ceased operations effective July 1, citing regulatory, financial, and operational challenges. The exchange has not guaranteed that users will receive their funds, leaving many in limbo.
The IMF says tokenization could make financial transactions faster and cheaper, but it also makes the system more vulnerable to sudden shocks. This could impact everything from banking to investments.
Rep. French Hill, chair of the House Financial Services Committee, discussed key policy issues in crypto during a recent interview with CoinDesk. He emphasized the need for clear regulations to foster innovation while ensuring consumer protection. The committee is focusing on tokenization and its broader implications for the financial system.
Bitcoin Depot, a major operator of Bitcoin ATMs, has filed for bankruptcy and taken all 9,000 of its machines offline. This sudden closure leaves users without access to these convenient crypto purchase points.
The UK’s financial authorities have announced a roadmap for tokenization, allowing stablecoins for institutional settlements. This move aims to modernize the financial system with 24/7 operations. The Bank of England and the Financial Conduct Authority (FCA) are leading the initiative, emphasizing the need for a phased approach to ensure stability and security.
Stablecoin companies say new regulations have boosted adoption, but they still face hurdles in infrastructure, privacy, and distribution. Experts discuss the next steps for widespread use.