News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
US and UK Propose Joint Recommendations for Stablecoin Regulation
The U.S. and UK Treasuries have released joint recommendations to harmonize regulations on stablecoins and tokenized assets, fostering transatlantic cooperation.
Mercation Admin3 min - Crypto
Binance aims to transform into a crypto 'super app' as stablecoins drive growth
Binance is shifting its focus towards becoming a payments-oriented 'super app', emphasizing financial services over trading, with stablecoins playing a crucial role in this transition.
Mercation Admin4 min - Crypto
JPMorgan Lowers Forecasts for Circle and Coinbase Due to Hyperliquid
JPMorgan has downgraded its profit forecasts for Circle and Coinbase due to their new partnership with Hyperliquid, which poses risks for the USDC stablecoin.
Mercation Admin2 min - Crypto
UK Delays Capital Gains Tax on DeFi Lending and Liquidity Pools
The UK’s HMRC will classify crypto deposits in DeFi lending as "no gain, no loss," deferring capital gains tax until actual asset disposal from April 2027.
Mercation Admin2 min - Banking Policy
US Banks Urge Closure of Loopholes in Stablecoin Yield Ban
US banking associations are urging the Senate to clarify the CLARITY Act to prevent stablecoin yield loopholes, emphasizing the need for regulatory clarity.
Mercation Admin2 min - News
South Korea to Pilot Tokenized Government Bonds in 2027
South Korea plans to pilot tokenized government bonds in 2027, linking them to a wholesale CBDC for banks, as part of its economic strategy.
Mercation Admin2 min - Crypto
JCB Partners with Circle to Introduce Stablecoins for 40 Million Merchants
Japan's JCB collaborates with Circle to implement USDC stablecoin payments for 40 million merchants, enhancing cross-border transactions and efficiency.
Mercation Admin4 min - Crypto
What Are Tokenized Deposits and How Do They Differ from Stablecoins?
Tokenized deposits are digital representations of bank deposits on a blockchain, differing from stablecoins in their regulatory framework and access restrictions.
Mercation Admin6 min - News
Bolivia Explores Incorporating Tether's USDT Stablecoin into Payment Systems
Bolivia is considering adding Tether's USDT stablecoin to its payment systems as it stabilizes economically and continues to regulate crypto assets.
Mercation Admin2 min - Crypto
Robinhood Chain Leads in DEX Volume
Robinhood Chain has quickly risen to the top of DEX volume rankings, processing $3.1 billion in just one week after its public mainnet launch.
Mercation Admin1 min - News
Report: Tokenization Could Bring £33 Billion to UK Economy by 2035
A report indicates that the UK could gain £33 billion annually by 2035 through tokenization of real-world assets, emphasizing the need for swift regulatory adaptation.
Mercation Admin1 min - News
Bank of Thailand Targets Unusual Stablecoin Transactions in Grey Economy Efforts
The Bank of Thailand is using data analytics to identify unusual stablecoin trades, particularly targeting Tether's USDT, amid a crackdown on illicit financial activities.
Mercation Admin2 min