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In a significant development for the UK cryptocurrency market, BCP Technologies has unveiled Tokenised GBP (tGBP), a new stablecoin pegged to the British pound sterling. This marks a milestone as tGBP is being touted as the first stablecoin issued under the UK’s regulatory framework, having received

European Central Bank policymaker Fabio Panetta warned Friday that customer losses from bank-provided cryptocurrency services could damage trust in the traditional financial system. The Bank of Italy governor called for close monitoring of reputational risks as banks increasingly partner with digita

Circle Internet Financial, the company behind the USDC stablecoin, has engaged in informal acquisition discussions with Coinbase Global and Ripple while simultaneously pursuing its initial public offering filed in April. Four banking and private equity executives familiar with the negotiations said

A crypto investor lost $2.6 million worth of stablecoins in two nearly identical phishing attacks within a span of three hours, underscoring a growing and sophisticated threat in blockchain-based finance: zero-transfer scams. The incident, flagged on May 26 by crypto security firm Cyvers, involved t

America's largest financial institutions are mobilizing to create their own digital currency, marking a watershed moment in the intersection of traditional banking and cryptocurrency innovation. JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are leading preliminary discussions to develo