Mastercard Completes $1.8 Billion BVNK Acquisition to Link Crypto and Traditional Payments
Payments giant finalizes deal for Ripple-linked fintech BVNK, aiming to connect stablecoins, fiat and blockchain systems amid a $309 billion stablecoin market
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Latest updates, press releases, and insights from the volatile world of digital assets.
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South Korea Records 18 Months of Stablecoin Outflows as $367 Million Leaves Local Exchanges
Five major Korean crypto platforms saw 560.3 billion won in net stablecoin transfers abroad in June 2026, continuing a streak that began in early 2025
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Myanmar Parliament Approves Death Penalty for Forced Scam Labor and Life Terms for Crypto Fraud
Military-backed lawmakers cleared the Anti-Online Scam Bill on July 28, retaining capital punishment for violent coercion in online fraud centers and life sentences for digital currency scams
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IMF Calls for Stronger Controls on Brazil’s Surging Stablecoin Activity
Cross-border crypto flows in Brazil now exceed traditional capital movements, driven by dollar-linked stablecoins, prompting the IMF to urge tighter rules on asset protection and compliance
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Stripe Stablecoin Executive Connor Fitzgerald Departs as Bridge Expands to Over 100 Markets
Connor Fitzgerald, who led stablecoin partnerships at Stripe’s Bridge unit, has left the company following the platform’s growth to more than 100 international markets and key European regulatory approvals
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South Korea’s Largest Bank Prepares Blockchain Cross-Border Payments on Kinexys
KB Kookmin Bank will introduce a Kinexys-powered service in August 2026 for U.S. dollar transfers serving import and export firms across ten countries, linking blockchain settlement with existing SWIFT rails
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Wise Plans Fresh OCC Trust Bank Bid Under GENIUS Act After Charter Denial
UK payments firm Wise will reapply for a US national trust bank charter using the GENIUS Act framework after the OCC rejected its initial application over compliance shortfalls
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Russia Enacts Comprehensive Framework for Regulated Cryptocurrency Market
Russia's parliament has passed landmark legislation establishing rules for crypto trading, investment, and cross-border use, effective from September 2026, while maintaining a strict ban on domestic payments
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Russia Advances Landmark Crypto Regulation Bill Toward Final Approval
Russia’s State Duma is scheduled to conduct second and third readings on comprehensive cryptocurrency legislation this week, establishing a formal framework that treats digital assets as property while enabling their use in cross-border trade
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US Slaps 25% Tariffs on Brazil Targeting Pix Payment System
The United States is set to impose tariffs on Brazilian imports in response to concerns over the country's instant payment network Pix, even as dollar-pegged stablecoins expand their role in the Brazilian market
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