Key Highlights Binance acquired $100 million worth of Circle Class A shares at $80.84 per share in a private placement that closed September 17, per an SEC filing. The equity purchase accompanies a five-year expanded partnership where Circle will pay Binance monthly incentive fees tied to USDC holdings via Circle’s Modular Smart Contract Wallet. Binance ...
Key Highlights Kakao Pay and KakaoBank signed a memorandum of understanding with Fireblocks on September 21, 2026, to explore stablecoin infrastructure and digital asset distribution frameworks tailored to South Korean regulatory requirements. The agreement launches proof-of-concept testing but does not announce a stablecoin launch, investment amount, commercial product, deployment date, or selected blockchain technology. The ...
Key Highlights Google Cloud is recruiting an Industry Principal Architect in Hong Kong to drive real-world asset tokenization across the Asia-Pacific region, signaling a strategic push into blockchain infrastructure for institutional clients. Apple is seeking an Apple Pay Financial Product Strategy Lead in Cupertino or New York, indicating the iPhone maker is deepening its exploration ...
UniCredit is exploring new digital-asset services, including custody and brokerage, as the Italian lender evaluates building infrastructure to support the sector, Bloomberg reported Friday, citing people familiar with the matter. Technology Provider Selection Underway The bank is currently selecting a technology provider that would enable it to hold digital assets and facilitate transactions, according to ...
Binance has announced plans to delist Pax Dollar (USDP) following a periodic review that found the stablecoin no longer meets the exchange’s listing standards. The move will phase out USDP across spot trading, margin products, and ancillary services over the coming months, with key deadlines stretching into late 2026. Spot Trading Halt and Order Cancellation ...