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A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR foreign exchange ratio stood at 94.65 on Friday.
Read full articleBitcoin price has slipped back below $60,000 after another failed breakout attempt, as weak stablecoin inflows have reinforced concerns over a lack of fresh buying demand. According to data from crypto.news, Bitcoin (BTC) traded near $59,300 on June 30 after…
Direct yen-rupee settlements could enhance economic ties, reduce reliance on the US dollar, and inspire similar moves globally. The post Japan and India consider direct yen-rupee settlements: Nikkei appeared first on Crypto Briefing.
The U.K.’s Financial Conduct Authority published its final cryptoasset rulebook on June 30, lowering the capital floor for stablecoin issuers to 1% of issued value as it set an October 2027 deadline for firms to win authorization. A Landmark Framework Lands The Financial Conduct Authority (FCA), Britain’s financial regulator, on June 30 finalized a sweeping […]
London, United Kingdom, 30th June 2026, Chainwire
South Korea’s biggest cryptocurrency exchange platform, Upbit, will add the Gensyn (AI) listing with KRW, BTC, and USDT trading pairs starting June 30 at 16:00 KST. This listing presents the decentralized artificial intelligence program to one of the biggest Asian digital asset exchanges. The listing comes approximately two months after
BIS flags a $320B stablecoin market as falling short; BoE sets 70% gilt rules and £40B guardrails, while the ECB warns on dollar dominance and calls for tokenized settlement.
OpenPayd, a leading provider of financial infrastructure, has been chosen by RedotPay, a global stablecoin-based payment fintech, to improve its treasury operations, multi-currency payments, and cross-border remittances for clients all over the globe. By strengthening RedotPay’s payment infrastructure, the partnership makes it easier for customers to switch between local and digital
Oravel's IPO could reshape investor confidence in India's tech sector, influencing future capital flows and SoftBank's strategic pivots. The post Oravel updates filing for $703M India IPO backed by SoftBank appeared first on Crypto Briefing.
