capital markets

USD Coin Arrives: Circle's Crypto Stablecoin Is Now Trading
Crypto finance firm Circle has officially released its dollar-pegged stablecoin for limited trading, the company announced Wednesday.

Brazil's Largest Independent Broker Is Launching a Crypto Exchange
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.

Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.

Don't Blame Bitcoin Futures for Bear Market, CME Exec Says
Tim McCourt, managing director of CME Group, has said that bitcoin futures are not to be blamed for the slump in the crypto market this year.

New York AG Report Faults Crypto Exchanges for Manipulation Risks
The NY Attorney General's Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.

$1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin
Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin.

Medici-Backed Bitsy Launches User-Friendly Crypto Wallet
Bitsy, a Medici Ventures portfolio firm, wants to spur crypto adoption with the launch of an ultra-simple, beginner-friendly wallet.

R3's CordaCon Event Sees Big News, Packed Talks and Blockchain Converts
R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.

BitGo Receives Regulatory Approval to Custody Crypto Assets
Crypto security startup BitGo has received approval in the U.S. to act as a qualified custodian for digital assets.

Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says
Blockchain technology can help global businesses generate an extra $1 trillion in trade finance, according to World Economic Forum research.

