Coinbase launches stablecoin payments service for e-commerce

Coinbase launches stablecoin payments service for e-commerce

[NEW YORK] Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big leap forward in the mainstream adoption of cryptocurrencies meant to track the US dollar. The announcement follows the passage of landmark stablecoin legislation in the US Senate on Tuesday (Jun 17) and comes…

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Fidelity, BlackRock target Chinese demand for offshore funds

Fidelity, BlackRock target Chinese demand for offshore funds

[HONG KONG] Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to sources familiar with the matter. The global asset manager is considering seeking approval for products under the decade-old Mutual Recognition of Funds scheme, said the sources, who asked not to be identified because the…

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