Yuan

Kraken $500M War Chest, China’s Digital Yuan Center, and Tether’s Funding Frenzy: Fintech Weekly Recap

Kraken $500M War Chest, China Digital Yuan Center, and Tether Funding Frenzy: Fintech Weekly Recap

The cryptocurrency sector’s relentless innovation was on full display this week, punctuated by headline-grabbing investment rounds, regulatory maneuvers, and technological breakthroughs across key global markets. Kraken’s Pre-IPO Power Play Kraken, one of the trailblazers of the crypto exchange space, announced the quiet closing of a $500 million funding round. This

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China Tech Giants Push for Yuan Stablecoin to Challenge USDT Dominance

China Tech Giants Push for Yuan Stablecoin to Challenge USDT Dominance

JD.com and Ant Group are urging China’s central bank to approve a yuan-pegged stablecoin in Hong Kong, aiming to counter Tether’s USDT dominance in global trade. This strategic move comes as Hong Kong prepares to implement its Stablecoin Ordinance on August 1, 2025, creating Asia’s first regulated framework for digital

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Kraken $500M War Chest, China’s Digital Yuan Center, and Tether’s Funding Frenzy: Fintech Weekly Recap

Kraken $500M War Chest, China Digital Yuan Center, and Tether Funding Frenzy: Fintech Weekly Recap

The cryptocurrency sector’s relentless innovation was on full display this week, punctuated by headline-grabbing investment rounds, regulatory maneuvers, and technological breakthroughs across key global markets. Kraken’s Pre-IPO Power Play Kraken, one of the trailblazers of the crypto exchange space, announced the quiet closing of a $500 million funding round. This

Read More »
China Tech Giants Push for Yuan Stablecoin to Challenge USDT Dominance

China Tech Giants Push for Yuan Stablecoin to Challenge USDT Dominance

JD.com and Ant Group are urging China’s central bank to approve a yuan-pegged stablecoin in Hong Kong, aiming to counter Tether’s USDT dominance in global trade. This strategic move comes as Hong Kong prepares to implement its Stablecoin Ordinance on August 1, 2025, creating Asia’s first regulated framework for digital

Read More »