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Andrew Cuomo Joins OKX’s Board of Directors
Key Takeaways:

Former New York Governor Andrew M. Cuomo joins OKX’s Board of Directors.Since 2023, Cuomo has been advising the exchange on strategy for U.S. regulation.The shift aligns with OKX’s broader institutional finance and tokenization initiatives, as well as its… Read full article
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Tether’s XAU₮ Wins ADGM Approval
Key Takeaways:

Tether Gold (XAU₮) has become an Accepted Spot Commodity in Abu Dhabi Global Market (ADGM).Licensed ADGM firms can offer XAU₮ services under the financial center’s regulatory framework.The approval further bolsters the credibility of tokenized gold in the more… Read full article
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Amazon Logistics Partner Adopts JPYC Stablecoin to Pay 2,300 Contractors Across Japan Faster
Key Takeaways:

AZ-COM Maruwa will settle the payment of approximately 2,300 logistics partners in JPYC stablecoin.The rollout was designed to help contractors receive quicker, fee-free payments.It could prove the first major enterprise-wide stablecoin rollout in Japan.
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Allbridge Freezes Cross-chain Bridge after A Security Incident
Key Takeaways:

Allbridge Core was forced to halt its cross-chain bridge due to the flash-loan vulnerability, losing about $1.65 million.Attackers manipulated stablecoin pools before moving stolen funds from Solana to Ethereum.Allbridge is investigating and urged liquidity providers to withdraw from… Read full article
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