HKMA Announces Stablecoin Issuer Sandbox Participants

Investing and trading platformIG has been granted a cryptoasset licence by the Financial Conduct Authority (FCA), enabling the firm to significantly expand its crypto offering for customers.

Mesta, the Global fiat + Stablecoin Payment Network, today announced it has raised a $5.5 million seed round led by Village Global, with participation from Circle Ventures, Paxos, and WTI - Western Technology Investment. Existing backers including Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures also reaffirmed their support.

Today, programmable financial services company Stripe announced new products to help businesses take advantage of AI and stablecoins to grow their revenue. The updates were part of Stripe Tour New York, the company’s annual product showcase in NYC, with over 40 new products and features launched.

Quantoz euro and dollar denominated stablecoins EURQ and USDQ are now integrated with LayerZero and Stargate. The first cross-chain connection is between Ethereum and Polygon, with further blockchain integrations to follow.

Sygnum, a global digital asset banking group, announces the launch of the Starboard Sygnum BTC Alpha Fund

Chainlink announced today a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift messaging and the Chainlink Runtime Environment (CRE). With Swift messages and CRE, banks and institutions can seamlessly access blockchains through the same Swift infrastructure they have relied upon for decades. This shows how institutions can access blockchains without needing to upgrade to new infrastructure, replace their existing processes, or integrate new identity and key management solutions.