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Nomura Holdings and GMO Group Form Stablecoin Research Partnership in Japan

Nomura Holdings and GMO Group have announced a strategic partnership to research and develop stablecoins. This collaboration aims to explore the potential applications and benefits of stablecoins in enhancing financial services and transactions within Japan.

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Nomura Holdings and GMO Group have announced a strategic partnership to research and develop stablecoins. This collaboration aims to explore the potential applications and benefits of stablecoins in enhancing financial services and transactions within Japan.

Nomura Holdings, one of Japan’s leading financial services groups, and GMO Group, a prominent player in the internet infrastructure and financial services industries, will leverage their combined expertise to delve into the evolving landscape of digital currencies. The partnership will focus on understanding the regulatory environment, technological requirements, and market opportunities for stablecoins in the Japanese economy.

Stablecoins, digital currencies pegged to stable assets such as fiat currencies, have gained significant attention globally for their potential to reduce volatility in cryptocurrency markets and facilitate seamless transactions. The research by Nomura and GMO is expected to contribute valuable insights into how stablecoins can be effectively integrated into existing financial systems.

This initiative aligns with Japan’s broader efforts to embrace financial innovation and digital transformation. Both companies have expressed optimism about the partnership’s potential to drive advancements in financial technology and provide enhanced services to their customers.

The collaboration will also address the regulatory challenges associated with stablecoins, ensuring compliance with Japan’s financial regulations and promoting a secure and transparent digital currency ecosystem. By proactively engaging with regulators and stakeholders, Nomura and GMO aim to set a benchmark for stablecoin adoption and utilization in Japan.

As the partnership progresses, the findings and developments from this research are anticipated to play a crucial role in shaping the future of digital finance in Japan. The collaboration between Nomura Holdings and GMO Group marks a pivotal step towards integrating stablecoins into mainstream financial services, potentially setting the stage for broader adoption and innovation in the sector.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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