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U.S. Shutdown to End This Week? XRP ETF Approval May Follow, Says Trump Advisor

U.S. Shutdown to End This Week? XRP ETF Approval May Follow, Says Trump Advisor

The U.S. government shutdown, now stretching into its fourth week, might finally see a resolution. According to Trumps advisors Kevin Hassett, the shutdown is could end this week, clearing the way for pending crypto decisions like the XRP ETF ruling.Trump Advisor Signals End Of U.S. Government Shutd…

Franco-German bank ODDO BHF launches euro-backed stablecoin

Franco-German bank ODDO BHF launches euro-backed stablecoin

Franco-German banking group ODDO BHF has launched a stablecoin pegged to the euro under the European Union’s Markets in Crypto-Assets (MiCA) regulation.According to an announcement on Wednesday, the bank will serve as the issuer of the EUROD stablecoin, while market-making platform Flowdesk will pro…

Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Sony is making strides to enter the crypto banking sector through its financial arm, Sony Bank, as the Japanese group has recently submitted an application to US regulators for a national banking charter via its subsidiary, Connectia Trust. This move signifies Sony’s intent to engage in various cryp…

Deutsche Bank to provide banking services for NYSE-listed crypto exchange Bullish

Deutsche Bank to provide banking services for NYSE-listed crypto exchange Bullish

Bullish (ticker BLSH), a U.S.-based crypto trading firm that recently listed on the New York Stock Exchange, has tapped Deutsche Bank to provide fiat deposits and withdrawals services for the exchange's Hong Kong SFC and German BaFin-regulated businesses.The firm, notably backed by billionaire inves…

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has become the world’s biggest non-US dollar stablecoin despite facing multiple sanctions.A7A5’s market capitalization stood at almost $500 million on Monday, about 43% of the total $1.2 billion market cap of non-US dollar stablecoins, ac…

 Coinbase goes after National Trust Charter — But don’t call it a bank

Coinbase goes after National Trust Charter — But don’t call it a bank

Crypto exchange Coinbase has applied for a National Trust Company Charter with the US Office of the Comptroller of the Currency (OCC), joining a growing number of US-based crypto companies pursuing the same license.“Coinbase is taking a significant step in expanding our business capabilities and reg…

Over 70% of stablecoin transactions in Q3 linked to bots, report finds

Over 70% of stablecoin transactions in Q3 linked to bots, report finds

Stablecoin transfers surged to a record $15.6 trillion in the third quarter of 2025, with much of the activity linked to automated trading bots, according to new research from crypto exchange CEX.io.On Wednesday, CEX.io’s market research analyst Illya Otychenko dubbed the third quarter of 2025 the “…

Visa pilots stablecoin payments for businesses sending money abroad

Visa pilots stablecoin payments for businesses sending money abroad

Global payments giant Visa has launched a pilot to test stablecoins for cross-border payments, providing businesses with a new way to transfer money abroad more quickly.The pilot will allow businesses, including banks and remittance providers, to pre-fund Visa Direct with stablecoins instead of fiat…

Visa Direct tests stablecoins as cash equivalent for instant transfers

Visa Direct tests stablecoins as cash equivalent for instant transfers

Visa has launched a pilot allowing banks and financial institutions to pre-fund cross-border payments using stablecoins.Announced at SIBOS 2025, the Visa Direct stablecoin pilot enables select partners to use Circle’s USDC (USDC) and EURC (EURC) as pre-funded assets to facilitate near-instant payout…

​​Cloudflare plans ‘NET dollar’ stablecoin to power AI-driven payments

​​Cloudflare plans ‘NET dollar’ stablecoin to power AI-driven payments

Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin. According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI…

Crypto Exchange Giant Kraken Wraps Up $500 Million Funding Round

Crypto Exchange Giant Kraken Wraps Up $500 Million Funding Round

According to a recent report by Fortune, cryptocurrency exchange Kraken has closed a massive $500 million funding round at a staggering $15 billion valuation. To put this massive raise into perspective, it is worth noting that the exchange raised only $27 million in venture capital funding during it…

Crypto payments firm RedotPay reaches unicorn status following $47 million investment round

Crypto payments firm RedotPay reaches unicorn status following $47 million investment round

Crypto payments firm RedotPay announced the closure of a $47 million strategic investment round on Thursday, achieving unicorn status with a valuation exceeding $1 billion.The round included new backing from Coinbase Ventures and an unnamed "global technology entrepreneur," along with increased comm…