Visa Integrates Monad for Stablecoin Settlements as Volumes Climb Above $25 Billion
Payment network expands multi-chain options for issuers and acquirers; Monad advances privacy tools for institutional use while settlement activity accelerates
Newsroom
Latest updates, press releases, and insights from the volatile world of digital assets.
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PNC Bank Pilots USDC Receipts for Corporate Clients With Coinbase Conversion to Dollars
PNC Bank has launched a limited pilot allowing eligible corporate and institutional clients to receive Circle’s USDC stablecoin payments, which convert automatically into US dollar deposits via Coinbase infrastructure
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Coinbase Secures Full Federal Trust Charter for Crypto Custody Operations
The largest U.S. crypto exchange gains OCC approval to operate Coinbase National Trust Company under federal supervision, joining other digital asset firms in regulated banking infrastructure
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US Treasury Cuts Off Crypto Exchange MEXC Over Alleged $16 Billion in Illicit Flows
FinCEN order bars US institutions from transfers with MEXC Global, citing ties to sanctions evasion by Iran, North Korea and Russia under Operation Economic Outcast
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Elizabeth Warren Set to Chair Senate Banking Panel After Midterm Gains
Democratic control of Congress positions the Massachusetts senator to oversee financial markets and digital assets starting in 2027, with heightened focus expected on industry practices
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Paraguay Bank Resolution Sparks USDT Premium and Flight to Stablecoins
Central bank places Ueno Bank into resolution, freezing accounts for nearly three million customers and driving up local USDT prices against the guaraní
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Western Union Pushes USDPT Stablecoin to Free Idle Capital in Global Network
The remittance giant is using its Solana-based stablecoin to cut costs from prefunded bank accounts and expand crypto-to-cash services across 160 markets
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US Regulators Contact Banks Over Cyber Risks After $6.3 Billion Binance Breach
Federal Reserve and OCC supervisors began reaching out to lenders on November 2 to assess any unusual activity or service issues linked to the October 29 attack on the crypto exchange
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Orbs Makes Strategic Investment in CRYMBO to Advance Institutional On-Chain Finance
Orbs, a provider of on-chain trading infrastructure, has invested in CRYMBO to support licensed financial institutions launching digital asset services under their own regulatory frameworks
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ZachXBT Identifies French Bank Crédit Mutuel Arkéa in Suspected $133 Million Crypto Theft
Onchain investigator links French bank with $235 billion in assets to multi-day drain of exchange accounts holding stablecoins, with potential losses higher via OTC activity
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