Australian Bank Halts Development of ETH-Based Stablecoin
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Trump family moves into banking as OCC grants charter for stablecoin trust company
The Trump family's entry into crypto banking could reshape regulatory landscapes, raising potential conflicts of interest and infl...
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of...
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, open...
UK Banks Still Blocking Bitcoin, Policy Group Tells Parliament
Bitcoin Magazine UK Banks Still Blocking Bitcoin, Policy Group Tells Parliament Bitcoin Policy UK has slammed British banks for ap...
Banks and Regulators Test Quantum-Safe Crypto Infrastructure Across 3 Regions
Key Takeaways: RFI and Safeheron announced a pilot program on quantum-resistant crypto wallet functionality and transfers. Banks w...
As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt
Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29 billion of Tre...