(source: en.wikipedia.org)
The headlines would have you believe stablecoins are already eating the payments world. Hundreds of billions in market cap. Transaction volumes that allegedly rival Visa. A DeFi ecosystem humming along in the background. And sure, directionally, those numbers are real. But in latest “From the...
Few industries have fates as entwined with their regulatory guardrails as crypto. After all, few industries are as unregulated as crypto has traditionally been. At least in the U.S. But as the Securities and Exchange Commission (SEC) reportedly readies a “regulation crypto” proposal, the White House’s Council of...
Circle has launched Circle Payments Network (CPN) Managed Payments, a new stablecoin settlement solution. The new offering, announced by the stablecoin issuer in a news release Wednesday (April 8), lets banks, payment service providers, FinTechs and global enterprises enjoy the “speed and efficiency” of regulated digital dollars without...
A group of Swiss banks are testing a franc-pegged stablecoin in their home country. The “CHF stablecoin sandbox” — a reference to the currency code for the Swiss franc — will examine ways to connect blockchain applications with the fiat currency, the banks said in announcing the...
Binance.US is reportedly looking to move past basic trading as it reenters the American cryptocurrency space. As CoinDesk reported Tuesday (April 7), this effort is being headed by Stephen Gregory, a compliance veteran who became CEO of Binance.US last month. The report noted that he...
Global payments platform Paysafe now enables iGaming operators and daily fantasy sports brands in the U.S. market to accept crypto payments. The company’s new Pay with Crypto payment method lets iGaming brands’ customers fund their player accounts with stablecoins or cryptocurrency, where permitted, and then converts that crypto...
The Securities and Exchange Commission is reportedly ready to propose a “regulation crypto.” That’s according to a report Monday (April 6) from Coindesk, which says the SEC is working on its approach to regulating the cryptocurrency sector and delineating between transactions that could be securities and ones that aren’t....
Polymarket plans to introduce a stablecoin as part of an upgrade of its prediction market exchange. The company’s Polymarket Developers account said in a Monday (April 6) post on X that this upgrade will take place over the next two to three weeks and that it is “the biggest change...
The cryptocurrency-focused CLARITY Act could be advanced by the Senate Banking Committee and reach the full Senate by the end of the month, Sen. Bill Hagerty, R-Tenn., said Monday (April 6), Cointelegraph reported. Speaking at the Vanderbilt University Digital Assets and Emerging Tech Policy Summit,...