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Crypto

21 global financial firms to issue stablecoin; former Ripple executive calls it a familiar scene

A former Ripple executive, Emi Yoshikawa (에미 요시카와), described plans by a 21-bank consortium led by Goldman Sachs and MUFG Bank to launch a dollar stablecoin as a familiar move by banks. She said on X after the announcement that it felt like deja vu. The project draws attention for favoring tighter in-house control over outside blockchain networks. MUFG is also pushing a yen stablecoin payment launch in Japan by March 2027.

Crypto

Stripe affiliate Bridge wins Luxembourg approval, enters EU MiCA register

Bridge, a stablecoin infrastructure firm affiliated with Stripe, has been added to the European Union\'s Markets in Crypto-Assets (MiCA) register after securing regulatory approval in Luxembourg. The listing brings the number of electronic money token (EMT) issuers on the EU register to 42, Cointelegraph reported. The update was reflected in the latest release published by the European Securities and Markets Authority on Aug. 6.

AI & Enterprise

Mistral AI unveils its first robotics model, Robostral Navigate

French AI startup Mistral AI has unveiled its first robotics model, Robostral Navigate, Reuters reported on July 8. The move is aimed at expanding the company’s business into factories, logistics warehouses and the industrial automation market. The company previously acquired Austrian physical AI startup Emi AI in May. Mistral AI said Robostral Navigate enables robot navigation using only a single camera, without lidar, advanced sensors or multiple cameras.