Wise hints at stablecoin ambitions with new digital-asset product lead hire

CointelegraphMonday, October 20, 2025 at 7:40:00 PM
Wise hints at stablecoin ambitions with new digital-asset product lead hire
Wise is making a strategic move by hiring a digital-asset product lead with a focus on stablecoins, indicating its potential expansion into the cryptocurrency market. This is significant as it reflects the company's adaptability to changing global regulations and the growing interest in digital currencies, which could enhance its offerings and attract a new customer base.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
South Korea’s FSC To Prohibit Stablecoin Interest Payments In Upcoming Framework
NegativeCryptocurrency
South Korea's Financial Services Commission (FSC) is set to follow in the footsteps of US regulators by banning interest payments on stablecoins in its upcoming framework. This move is significant as it reflects a tightening grip on cryptocurrency regulations, which could impact investors and the broader crypto market. As the FSC prepares to unveil this framework later this year, stakeholders are keenly watching how these regulations will shape the future of stablecoin usage in the country.
Crypto’s next bear market will have a brand-new trigger: Willy Woo
NegativeCryptocurrency
Analyst Willy Woo has raised concerns that the next bear market for cryptocurrencies could be triggered by a downturn in the business cycle, reminiscent of the economic conditions seen in 2008, prior to the creation of Bitcoin. This warning is significant as it highlights the potential vulnerabilities within the crypto market, suggesting that external economic factors could heavily influence its stability and investor confidence.
US gov shutdown ‘likely’ to end this week: Trump adviser
PositiveCryptocurrency
White House adviser Kevin Hassett has indicated that the US government shutdown is likely to come to an end this week. This development is significant as it could pave the way for renewed progress in cryptocurrency regulations, which have been stalled during the shutdown. The resolution of the shutdown not only restores normal government operations but also brings hope for advancements in the crypto sector, which many stakeholders are eagerly anticipating.
64% of UAE Wealth Managers Want Better Crypto and Digital Asset Solutions: Survey
PositiveCryptocurrency
A recent survey reveals that 64% of wealth managers in the UAE are seeking improved solutions for crypto and digital assets. This is significant as it highlights a growing interest in integrating digital currencies into traditional wealth management, reflecting the evolving financial landscape. As more professionals recognize the potential of cryptocurrencies, it could lead to enhanced services and investment opportunities for clients, ultimately shaping the future of finance in the region.
Chinese Tech Titans Retreat From Hong Kong Stablecoin Launch After Beijing Warning
NegativeCryptocurrency
Chinese tech giants Ant Group and JD.com have halted their plans to launch stablecoins in Hong Kong following a warning from mainland regulators. This decision highlights Beijing's tightening grip on the issuance of money-like tokens, even as Hong Kong attempts to create a legal framework for licensed stablecoin operations. The implications of this move are significant, as it reflects the ongoing tension between innovation in financial technology and regulatory oversight in China.
From Regulation to Adoption: Crypto Moves Closer to Being Fully Normalized Globally
PositiveCryptocurrency
The global landscape for cryptocurrency is evolving rapidly, with increasing regulation paving the way for broader adoption. This shift is significant as it indicates a growing acceptance of digital currencies, which could lead to more stability and innovation in the financial sector. As countries work towards normalizing crypto, it opens up new opportunities for investors and businesses alike, making it an exciting time for the industry.
Coinbase CEO Slams Misconception That Crypto Is Too Pricey for New Investors
PositiveCryptocurrency
Coinbase CEO has addressed the common misconception that cryptocurrency is too expensive for new investors. He emphasizes that there are affordable options available, making it easier for anyone to enter the crypto market. This is significant as it encourages more people to explore investing in digital currencies, potentially leading to greater adoption and innovation in the financial sector.
Grayscale Crowns Solana As Crypto’s New Powerhouse
PositiveCryptocurrency
Grayscale's latest research highlights Solana as a leading force in the cryptocurrency space, showcasing its impressive fundamentals and positioning it as a hub for on-chain activity. This recognition is significant as it underscores Solana's unique blend of scalability, speed, and diverse offerings, potentially attracting more users and investors to the platform.
Latest from Cryptocurrency
Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level
NeutralCryptocurrency
Bitcoin has shown some recovery, trading above $110,000 after a tough couple of weeks marked by significant drops. However, experts like Doctor Profit are warning that the price's future hinges on a crucial support level of $101,700. This situation is causing anxiety among investors, as the possibility of a bear market looms. Understanding these dynamics is essential for anyone involved in cryptocurrency, as it could impact investment strategies moving forward.
Slerf completes refunds for $10M burned presale meme coins from March 2024
PositiveCryptocurrency
Slerf has successfully completed refunds for $10 million worth of burned presale meme coins from March 2024, showcasing a strong commitment to accountability and resilience in the crypto community. This move not only restores trust among investors but also sets a significant precedent for how community-driven recoveries can be managed in the volatile world of cryptocurrency.
Russia Hits 95% De-Dollarization in Settlements With China and India
PositiveCryptocurrency
Russia has achieved a remarkable milestone by reaching 95% de-dollarization in its financial settlements with China and India. This shift is significant as it reflects a growing trend among nations to reduce reliance on the US dollar, potentially reshaping global trade dynamics. By moving towards local currencies, Russia, China, and India are not only enhancing their economic sovereignty but also fostering stronger bilateral ties, which could lead to a more multipolar world economy.
Ethereum Price Faces Rejection Near Resistance Zone — Risk Of Deeper Correction Rises
NegativeCryptocurrency
Ethereum's recent price movements have raised concerns as it struggled to break past the $4,050 resistance level, leading to a decline below $4,000. This downward trend, coupled with a break below a key bullish trend line, suggests that the cryptocurrency may face further corrections if it continues to trade below $3,840. This situation is significant for investors as it indicates potential volatility in the market and the need for caution in trading strategies.
Bitcoin Price Stabilizes After Drop — Early Signs Of Recovery Emerge
PositiveCryptocurrency
Bitcoin is showing signs of recovery after a recent drop, currently trading above $108,000 and testing higher levels. This stabilization is significant as it indicates a potential bullish trend, especially if it can maintain its position above the $110,500 mark. Investors are watching closely, as a sustained recovery could boost confidence in the cryptocurrency market.
Coinbase to US: Embrace blockchain if you want to fight crime on it
PositiveCryptocurrency
Coinbase's chief legal officer, Paul Grewal, has urged the US Treasury Department to embrace blockchain technology as a crucial tool in combating sophisticated money laundering schemes. This call to action highlights the importance of adapting to new technologies in the fight against financial crime, suggesting that a proactive approach could enhance law enforcement's effectiveness. By advocating for blockchain, Coinbase not only positions itself as a leader in the cryptocurrency space but also emphasizes the need for collaboration between tech companies and government agencies to ensure a safer financial environment.