Monday, October 12

Business

Hyundai Tests Tether USDT for Cross-border Treasury Transfers

Hyundai Motor’s US and Mexican units completed a pilot cross-border treasury transfer using Tether’s USDT stablecoin, settling a $20,000 payment in about seven minutes on the Avalanche blockchain.According to Tether, Hyundai Motor America converted the funds into USDT, transferred the…

Bolivia Considers Recognizing USDT for Payments Amid Dollar Shortage

Bolivia is evaluating integrating Tether’s USDt into its national payments system, a move that could mark one of Latin America’s most significant stablecoin adoption initiatives as the country grapples with a persistent shortage of US dollars.Economy and Public Finance Minister…

Donald Trump Invokes Lindsay Graham’s Death to Push Crypto Bill

Latest NewsPublishedJul 13, 2026With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to 51-47, likely requiring more Democratic support to pass crypto market structure.US President Donald Trump is urging…

Bitcoin Edges Lower on Iran Pressure With ,000 at Risk

Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation.Key points:Bitcoin falls toward $62,000 as losses intensify on nerves over the US-Iran war.Donald Trump says that the US should “run” the Strait of Hormuz…

Coinbase Ventures Emerges as Leading Crypto VC in H1 2026

Coinbase Ventures, the corporate venture capital (VC) arm of cryptocurrency exchange Coinbase, led the ranks of crypto-focused VC’s with 30 deals in the first half of 2026.Runner-up Animoca Brands completed 19 investments, while Silicon Valley VC a16z logged 18 deals…

Strategy Raises 7M Through MSTR Share Sales

Strategy, the largest corporate holder of Bitcoin, raised fresh capital by selling MSTR shares through its at-the-market (ATM) offering last week while leaving its BTC treasury unchanged.Strategy sold 4.8 million shares of its Class A common stock for $466.7 million…

UK Digital Gilt Push Could Help Unlock B in Annual Output

The United Kingdom could add as much as 33 billion British pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force. The estimate appears in the…

Binance Futures Volume Jumps 80% in June

Binance’s futures market volume is hitting a new 2026 high even as cryptocurrency spot trading remains stuck at its weakest levels in two years.Binance, the world’s largest centralized exchange (CEX) by trading volume, recorded $1.6 trillion in futures trading volume…

Lawson Tests Yen Stablecoin Payments as Netstars Opens Merchant Service

Japanese convenience-store operator Lawson plans to test yen-denominated stablecoin payments at a Tokyo location in August, examining whether stablecoin payments can work inside a standard convenience store checkout flow.On Monday, blockchain company HashPort said it had signed an agreement with…

Zenith Bank, Unilever, BUA Cement top stock pick this week

The earnings’ season is here once more, with the half-year period already gone past and the publication of corporate results set to commence any moment soon. The largely positive investor sentiment that dominated trade in that period drove a sweeping…

Nigeria meets 104% of OPEC quota as production soars

Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a 4th consecutive month. According to the crude statistics, released by the Nigerian Upstream Petroleum…

AI Freelancers Could Push Stablecoin Use, Swyftx Says

AI-enabled microbusinesses could provide a major boost for stablecoin transaction volumes as the global gig and freelance payment market grows, according to Australian crypto exchange Swyftx. In a second-quarter industry report, Swyftx estimated the global gig and freelance payments market could…

Thailand Central Bank Audits USDT Amid Gray Money Crackdown

Thailand’s central bank is stepping up stablecoin surveillance in an effort to crack down on money laundering, illicit finance and “gray money” in the country.The Bank of Thailand is working with the Kingdom’s Securities and Exchange Commission to audit high-volume…

US Bitcoin ETFs break 8-week outflow streak

US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.Data from Farside Investors shows that most of the week’s gains came from…

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