OKX executive says stablecoins are gaining traction in payments as new card launches

Stablecoins are moving beyond crypto experimentation and into trusted financial infrastructure, OKX said, as it announced the launch of a new debit card in Europe. “Momentum is building fast,” Erald Ghoos, CEO of OKX Europe, told CoinDesk. “Regulators are putting real guardrails in place, major banks are not only taking them seriously for payments and…

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Dogecoin turns lower after failing to hold $0.124

Dogecoin edged higher over 24 hours but failed to build momentum, with late-session selling flipping short-term structure heavier and keeping price locked in consolidation. News Background Dogecoin traded largely as a proxy for broader crypto sentiment, with no token-specific catalyst driving price action. The session was defined by consolidation rather than conviction, as traders hesitated…

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Tether’s USAT stablecoin could be a ‘threat’ to Circle’s USDC for institutional dollars

Tether’s new stablecoin, USAT, could pose the first serious challenge to Circle’s (CRCL) USDC in the U.S. market, analysts say — if it can win over institutions. Launched in partnership with federally chartered bank Anchorage Digital and Cantor Fitzgerald, USAT is Tether’s first attempt at a U.S.-regulated dollar token aimed at institutional users. Tether’s flagship…

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UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

Even as the U.K.’s crypto regulations work their way through the system, most of the country’s banks are still blocking their customers’ access to even registered crypto exchanges. The Financial Conduct Authority’s list of crypto asset companies, which certifies they meet the country’s anti-money laundering and terrorism financing regulations, now numbers 59, including exchanges like…

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Chinese-language crypto laundering networks surge as illicit on-chain flows hit $82B

Cryptocurrency money laundering has expanded dramatically over the past five years, with Chinese-language networks emerging as a central pillar of the global underground economy, according to new research from blockchain analytics firm Chainalysis. The report estimates that more than $82 billion flowed through on-chain laundering channels in 2025, up from roughly $10 billion in 2020….

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Bitcoin bullish bets now a bargain as weekly loss underlines bearish trend: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market feels extra slippery after bitcoin BTC$87,943.89 fell 7% last week, its biggest loss in two months. Yet hope glimmers in bullish derivative bets, now at bargain prices. The drop pushed prices below the steady uphill path, a “bullish trendline” as technical analysts call…

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