(source: en.wikipedia.org)
Stablecoins entered 2026 with an ambitious narrative around disrupting card networks, replacing traditional payment rails and fundamentally reshaping consumer commerce. This week’s headlines suggested a different destination. Across a series of seemingly unrelated announcements — from new foreign exchange initiatives and Japanese market expansion to...
With time running out to strike a deal on cryptocurrency legislation, U.S. senators remain divided on several issues, Semafor reported Thursday (June 25). Those issues include potential restrictions on President Donald Trump’s ability to profit from digital assets, how to fill empty seats at the Securities and Exchange...
Every industry has its defining rivalry. McDonald’s and Burger King; Walmart and Amazon; Microsoft and Apple. In digital assets, that rivalry was bitcoin and ethereum. But on Tuesday (June 23) the Ethereum Foundation announced a significant organizational restructuring, including a 20% workforce reduction and plans...
The price of bitcoin dropped below $60,000 Wednesday (June 24), marking its first dip below that level since the beginning of June. The decline also saw bitcoin fall as low as $59,023, which is the lowest price since October 2024, Bloomberg reported Wednesday. The report...
Cryptocurrency platform Binance reportedly has no plans to leave Europe following recent licensing issues. The world’s largest crypto trading space will now make a new effort to get permission to do business in the European Union, a senior executive told Reuters in an interview published Wednesday (June 24). “Binance...
The most consequential developments in blockchain finance today are no longer happening at the edges of the financial system. They are happening at its core. Banks, asset managers, exchanges, payment providers and regulators are no longer treating blockchain as a parallel financial universe and started...
Blockchain company Ripple says it is closer to securing a new cryptocurrency-related license in Europe. The company announced Tuesday (June 23) that it had landed preliminary approval for its crypto asset service provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the EU’s Markets in Crypto...
For much of the past year, stablecoin discussions have centered on Washington. Regulatory frameworks, reserve requirements and oversight have dominated conversations among policymakers and financial institutions alike. Yet PYMNTS Intelligence research in collaboration with Velera suggests the greatest barrier to adoption may have little to...
Consumer-focused cryptocurrency trading app fomo has raised $75 million in new funding. The company announced its Series B round Monday (June 22), noting that it comes as the company is marking more than $4 billion in trading volume on its year-old platform. Beyond that, fomo...