Metaplanet’s executive stock pool sparks shareholder backlash as CEO addresses MMXX ties

Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273 million shares. Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns.  Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option…

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Iran eases currency rules to bypass US sanctions with crypto: Report

Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported. Iran’s central bank has reportedly eased foreign currency controls to encourage businesses to bring overseas earnings home, including through cryptocurrency, amid tightening US sanctions. This includes using Tether’s USDt (USDT) and Bitcoin (BTC) to…

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Gemini receives Singapore payment license for crypto services

Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits. Crypto exchange Gemini has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), completing its transition from in-principle approval granted nearly two years ago.  On Wednesday, Gemini said the license was…

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Franklin Templeton digital asset veteran takes helm at StablecoinX

Former Franklin Templeton digital asset executive Christopher Jensen will lead StablecoinX, the largest corporate holder of Ethena’s ENA token. StablecoinX appointed former Franklin Templeton digital asset executive Christopher Jensen as CEO, putting him in charge of the largest corporate holder of Ethena’s ENA token. Jensen succeeds Ted Chen, who led StablecoinX through its public listing…

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