Month: August 2025

Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO

Gemini’s long-awaited IPO filing drew fresh attention to payments giant Ripple, with the exchange disclosing a $75 million credit line from the company alongside a steep financial loss. In documents submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 15, Gemini revealed a $282.5 million net loss...
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South Korea Set To Unveil New Stablecoins Framework In October

South Korea’s financial authority is expected to release the long-awaited regulatory framework next quarter, offering clear guidelines for the issuance and distribution of won-pegged stablecoins. Stablecoin Guidelines By October On Monday, local news media outlets reported that South Korea’s financial regulator, the Financial Services Commission (FSC), is expected to...
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