Ant International has completed a roughly $1.2 billion Series A funding round, securing backing from Ant Group, Alibaba, existing shareholders, and global investment firms to expand its international fintech business
Emily Davis
South Korea’s first CBDC pilot has been conducted without any independent government security inspection, with participating banks relying mainly on their own pre-launch reviews before testing began. Summary South Korea’s
The London Stock Exchange is preparing to launch a separate night-time trading venue in the first half of 2027, according to the Financial Times. Summary LSE plans overnight trading from
HashKey Group has signed a memorandum of understanding with South Korea’s Kbank and blockchain technology company BPMG Group to develop digital asset business models focused on payments and settlement. Summary
Exodus Movement has cut about 25% of its global workforce as the crypto wallet company reorganizes around a full-stack stablecoin payments platform. Summary Exodus has cut 25% of its global
Coinbase has backed a tougher CLARITY Act after Senate Democrats added customer safeguards, even as its 2026 approval odds have fallen to 31% on Polymarket amid a dispute over ethics
Tether Gold has gained commodity status in Abu Dhabi, as DefiLlama data shows XAUT’s locked value has climbed more than threefold to about $2.86 billion over the past year. Summary
The CLARITY Act’s chance of becoming law in 2026 has fallen to 31% on Polymarket as the White House withholds support for a disputed ethics provision. Summary White House resistance
U.S. regulators have missed the GENIUS Act’s one-year rulemaking deadline, leaving the federal stablecoin framework awaiting final implementation even as industry participants say the law has already accelerated institutional adoption.
Hackers have disabled Kenyan President William Ruto’s official website, replaced its homepage and demanded a ransom of 5 Bitcoin. Summary Hackers defaced Kenyan President William Ruto’s website and demanded a
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