Industry News
Industry News

OFAC Sanctions Iran Central Bank Crypto Wallets, Freezing $131M in Stablecoins

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday updated its Central Bank of Iran designation to… The post OFAC Sanctions Iran…
Industry News

Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to…
Industry News

Inside Zcash’s new node that targets Visa-scale privacy at 50,000 transactions per second

The new Zakura client is the first live piece of a plan to take Zcash from roughly one private transaction per second to payment-network scale.…
Industry News

Visa Unveils Stablecoin Platform With OUSD at Its Core

Visa’s Stablecoin Platform packages OUSD access, wallet infra, and treasury integration for institutions entering crypto. Read the full story at Bankless →
Data

Trump targets Brazil’s payments system while dollar stablecoins are quietly overtaking country’s payments

Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked…
Industry News

Japan’s SBI Group is building Asia’s first cross-border digital asset empire

The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.…
Industry News

FTX to distribute $900M to creditors in fifth payment round

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from…
Industry News

Stripe and Swift race to control the next generation of global payments infrastructure

Crypto and blockchain experts say this week’s moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.…
Industry News

Polygon CEO announces job cuts amid Coinme acquisition

The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January. Read…
Industry News

The Stablecoin Logic of Stripe’s PayPal Bid

PayPal in the front, Tempo in the back? Read the full story at Bankless →