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Circle's Jeremy Allaire bullish on FASB 'enormous strategic unlock' for stablecoins
Co-founder of Circle (NYSE: CRCL), Jeremy Allaire has called the new accounting proposal from the U.S. Financial Accounting Standards Board (FASB) “an enormous strategic unlock” for stablecoins like USDC. He said this on Friday 21, August, 2026. He claimed that the proposal makes it easier for companies to hold tokens. This came three days after...Cryptopolitan
Fri, Aug 21
BitMart weighs restructuring and business resumption after wind-down
BitMart recently told its users that it is weighing a “potential restructuring and business resumption plan.” The company announced that it would begin winding down operations on July 26 and has since left many of its 12 million registered users waiting on their frozen funds. Will BitMart reverse its shutdown? BitMart recently posted a note,...Cryptopolitan
Fri, Aug 21
China orders record largest vehicle recall affecting Tesla and others
Tesla is set to recall almost 3 million vehicles in China starting September 25 after regulators picked out emergency door releases that could be difficult for occupants to find after a crash, the largest recall in the automaker’s history and part of the biggest recall campaign China’s auto market has ever seen. Door handles trigger...Cryptopolitan
Fri, Aug 21
Bitcoin vs Gold: Risk-on sentiment fuels rallies in BTC and XAU
Bitcoin (BTC) upholds a strong bullish outlook, trading near $78,000 on Friday. Since Monday, the Crypto King has surged by roughly 25%, reflecting a notable shift in risk appetite, especially through Exchange-Traded Funds (ETFs) and derivatives.
Tether abandons Bitcoin mining sites in Uruguay after power dispute
Tether has walked away from its Bitcoin mining operation in Uruguay, abandoning two facilities that cost an estimated $120 million after a prolonged tussle with state utility UTE over the power numbers available to the sites. This move ends the USDT issuer’s initial move into South American mining. Power dispute due to unclear contract clauses...Cryptopolitan
Fri, Aug 21
XRP leads Korea's crypto comeback as Upbit volume jumps 273%
Trading on Upbit, South Korea’s largest crypto exchange, jumped 273% over the past 24 hours to roughly $1.84 billion, representing its busiest day since mid-March. XRP was reportedly the single most-traded token as a rise in bitcoin’s price pulled Korean money off the sidelines. Why are so many people trading XRP? XRP has surpassed bitcoin,...Cryptopolitan
Fri, Aug 21
Bitcoin.com Wallet Adds Native Support for TRON, Bringing TRX and USDT-TRC20 to Millions of Users
Dubai, United Arab Emirates, August 21, 2026 — Bitcoin.com, one of the world’s most widely used cryptocurrency platforms, today announced that its self-custody Bitcoin.com Wallet app now natively supports the TRON network. Users can hold, send, swap, and buy TRX and USDT on TRON directly within the mobile application. TRON has established itself as one...Cryptopolitan
Fri, Aug 21
Trump jets to South Carolina as fight for pro-crypto, AI-positive Congress heats up
The biggest name in US politics not on the ballot this election cycle, President Donald Trump, has inserted himself into the conversation as America heads to the polls to choose its next Congress, with crypto and artificial intelligence regulation stakes on the line. As if Trump’s return to the campaign trail was not enough splash,...Cryptopolitan
Fri, Aug 21
‘Russia’s Amazons’ Wildberries and Ozon to launch digital ruble payments
The leading online marketplaces in Russia and its region, Wildberries and Ozon, are launching digital ruble payments in the coming weeks. The news coincides with Moscow’s preparations to enforce a new crypto law and begin introducing its state-issued coin starting from September. Russian e-commerce giants to support payments in digital rubles The top two sites...Cryptopolitan
Fri, Aug 21
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