Samsung distances itself from OUSD stablecoin founding consortium

Anthropic is in discussions with Samsung to explore a potential collaboration on a custom AI chip, according to a report by The Information, marking a significant step forward from earlier indications that the company was merely considering entering the chip design space. Key details remain unresolved, including what the chip will be used for, how […]

Some companies that appeared to be listed in the Open USD Consortium have refused to approve their inclusion. Blockmedia’s BD Head, Tony Chung, indicated that Korean powerhouse Samsung stressed it did not consent, while other names also offered similar takes. Open USD Immersed in Unapproved Inclusion Scandal With Companies Like Samsung Open Standard, the consortium […]

The withdrawal of key players like Upbit and Samsung raises doubts about OUSD's partner claims, potentially impacting stablecoin market dynamics. The post Upbit joins Samsung in declining participation in Open USD issuance appeared first on Crypto Briefing.

OFAC's July 1 action added 134 crypto addresses; Tether froze 131 TRON USDT wallets tied to ISIS-K, per Chainalysis. Three Monero entries remain unfrozen.

Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative.

The denial by major firms highlights potential challenges in securing credible partnerships, impacting the perceived stability and trust in OUSD. The post Samsung, Shinhan, Dunamu deny joining OUSD stablecoin alliance: Report appeared first on Crypto Briefing.

Samsung's potential AI chip deal with Anthropic could reshape the AI ASIC market, impacting semiconductor demand and crypto hardware pricing. The post Samsung, Anthropic deal reports cap volatile week for Korean stocks appeared first on Crypto Briefing.

ESMA’s MiCA deadline reminder puts EU crypto platforms and stablecoin firms under full licensing pressure.