Earlier this year the prime minister's father said Thailand should consider "issuing stablecoins backed by government bonds."

The WYST stablecoin, approved for development under the Wyoming Stable Token Act passed in March 2023, is expected to launch in July.

The project is a "decentralized naming protocol" on the Solana blockchain, which is meant to streamline user interactions.

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

ETH was changing hands at $2,614.33 as of 2:26 p.m., up about 6% on the day, according to The Block Price Page.

The SEC pushed back its deadline for whether to approve Nasdaq's proposal to allow in-kind redemptions for the IBIT ETF.

Sens. Cynthia Lummis and Bernie Moreno say a tax provision could have unintended consequences for companies holding digital assets.

Twenty One Capital, the bitcoin investment company backed by Cantor Fitzgerald, Tether and Softbank, has purchased 4,812 BTC.

The crypto and equities trading platform had previously targeted an initial public offering price range of $46 to $50 per share.

The Nasdaq-listed firm said it purchased 172,670 SOL, boosting its total holdings to 595,988 SOL, worth about $102.7 million.

Synthetix aims to integrate Derive's treasury and products — including options, perpetuals, and structured products — into its ecosystem.

The crypto market continued its rally, with Bitcoin rising 1.4% and Ethereum gaining 8.9% in the past 24 hours.

FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients.

Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows.

The gap between Bitcoin and Ether could close in coming weeks and months as investors allocate capital to more risk assets aside the so-called digital gold.

Matt Hougan compared blockchains to internet investing in 2004, likening Bitcoin to Google and arguing for diversified crypto exposure.

U.S. prosecutors levied charges against suspected Sinaloa Cartel bosses as onchain analytics startups traced stablecoin transfers in the fentanyl ecomomy.

One of the CFTC's chiefs, Summer Mersinger, is set to leave that agency and take on a new role — CEO of the Blockchain Association.

The Ethereum Foundation's “Trillion Dollar Security” program aims to bolster the network to securely support global-scale activity.

JPMorgan's blockchain unit Kinexys, Chainlink and Ondo Finance teamed up to test cross-chain settlement of a tokenized U.S. Treasuries fund.