The new token is issued by Anchorage Digital Bank and designed to comply with the GENIUS Act, targeting institutional demand for a U.S.-regulated digital dollar.

Australia’s regulator has won a court battle against BPS Financial, with the Federal Court imposing million-dollar penalties and long-term restrictions over its Qoin Wallet crypto product.

KBW's Stephen Glagola said that turning business models toward AI and HPC may take longer to pay off than the market expects.

Tether has officially launched USAT, a federally regulated, dollar-backed stablecoin built specifically for the U.S. market ...