News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
BIS Project Reveals Tokenization Can Enhance Cross-Border Payments
A BIS-led initiative indicates that tokenization could significantly enhance the efficiency and safety of cross-border payments.
Mercation Admin3 min - News
Mastercard Obtains BitLicense from New York, Focuses on Stablecoins
Mastercard has successfully obtained a BitLicense from New York, reinforcing its commitment to compliance and expanding its digital asset initiatives.
Mercation Admin2 min - Crypto
Block Launches Cash App's Stablecoin Feature for 60 Million Users
Block has begun the phased rollout of its stablecoin payment feature on Cash App, currently available to 25% of users, with full access expected soon.
Mercation Admin4 min - Crypto
Major Crypto Exchanges Support Initiative for Token Disclosure Standards
Over 40 cryptocurrency firms, including Coinbase and Kraken, have launched the Transparency Alliance to implement standardized token disclosures similar to stock market regulations.
Mercation Admin4 min - Crypto
Mastercard Obtains New York BitLicense to Enhance Digital Payment Solutions
Mastercard has obtained a New York BitLicense, enabling it to engage in digital asset activities, enhancing its blockchain payment infrastructure.
Mercation Admin3 min - Crypto
Traders Shift Focus from Bitcoin to USDT and USDC
Traders are once again gravitating towards the U.S. dollar over Bitcoin, with USDT and USDC stablecoins gaining dominance. This trend aligns with predictions of prolonged high interest rates by the Fed.
Mercation Admin4 min - Crypto
SoFi Launches Bank-Issued Stablecoin for 15 Million Users
SoFi has introduced SoFiUSD, a dollar-backed stablecoin, to nearly 15 million users, enabling them to trade and earn interest via its banking app.
Mercation Admin3 min - Crypto
Bankless Co-Founder Sells ETH, Questions Its Overvaluation
David Hoffman, co-founder of Bankless, has sold some of his Ethereum holdings and expressed doubts about its future valuation, while maintaining a positive view of the network itself.
Mercation Admin2 min - Crypto
HTX Denies U.K. Sanction Claims, States It Declined Ruble Stablecoin Listing
HTX has rejected U.K. claims of aiding Russia by denying a listing for the A7A5 ruble stablecoin, emphasizing its compliance with regulations.
Mercation Admin3 min - Crypto
XRP Holds Steady Around $1.32 Amidst Failed Breakout and Tightening Trading Range
XRP is currently trading around $1.32 after failing to break out past $1.36, remaining within a narrowing range that traders are closely monitoring.
Mercation Admin3 min - Crypto
New AMM Amendment May Bridge Major DeFi Gap for XRPL
A new proposal for the XRP Ledger's automated market maker seeks to introduce three new curve types, enhancing liquidity providers' options and addressing a significant gap in XRPL DeFi.
Mercation Admin4 min - News
Crypto Sector Challenges Senator Warren's Allegations on Bank Charter Approvals
The crypto industry is contesting Senator Warren's claims that recent bank charter approvals for firms like Coinbase and Ripple are illegal, citing Congressional support for such actions.
Mercation Admin2 min