OKX Singapore launched scan‑to‑pay support allowing users to spend USDC and USDT at Grab Pay merchants by scanning Singapore’s unified QR code (SGQR) through OKX Pay. Transactions will be settled onchain using the purpose bound money (PBM) framework, which applies programmable logic for compliant, conditional settlement, while regulated payment provider StraitsX performs compliance checks and …
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Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and facilitate financial transactions. Haddad denied that the government would seek to exert control or monitor payments using the tool. Brazil’s CBDC Does Not Seek Control, Finance Minister States Fernando Haddad, Brazil’s finance minister, shared his …
Starknet today announced BTCFi, a trilogy of initiatives aimed at deepening bitcoin’s role as a global settlement asset by embedding BTC into Starknet’s security and consensus. For the first time on any L2, BTC holders can stake without losing custody to secure Starknet and earn rewards; the protocol already reportedly has ~65k delegators, ~150 validators …
Continue reading “Starknet Unveils BTCFi: Trustless BTC Staking, Partners, and 100M STRK Incentives”
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine how USDT is overtaking dollar disbursements in Venezuela, and the irony of a sanctioned country leveraging a currency backed by the U.S. debt. Latam Insights Encore: The Venezuelan Case …
Flying Tulip, a newly launched full-stack on-chain exchange founded by Andre Cronje, has successfully raised $200 million in a private funding round. The Full-Stack Onchain Ecosystem Flying Tulip, a newly launched full-stack on-chain exchange, recently secured $200 million in a private funding round. Founded by Andre Cronje, the exchange is set to launch a public …
Continue reading “Flying Tulip Raises $200M, Targets $1B in Combined Funding Across Token Sales”
Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated …
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Iranian authorities have introduced stringent new restrictions on stablecoin usage, limiting annual purchases to $5,000 per person and total holdings to $10,000. Enforcement Details and Compliance Deadline Iranian authorities have announced sweeping new restrictions on stablecoin usage, capping annual purchases at $5,000 per person and total holdings at $10,000. The move, unveiled on Sept. 27 …
Continue reading “Report: Iran Caps Stablecoin Transactions as Rial Hits Record Low”
Coinbase is pushing back hard as major banks aim to strip stablecoin holders of rewards, spotlighting rising crypto adoption, surging yields, and a bruised traditional finance sector. Coinbase Slams Banks Over Stablecoin Rewards Battle Tensions between traditional finance and digital asset firms are escalating as policy debates over stablecoin rewards heat up. Coinbase (Nasdaq: COIN) …
Continue reading “Stablecoin Rewards Under Fire With Coinbase Accusing Banks of Bailout Play”
Swift is advancing global payments with a blockchain-based ledger backed by over 30 major banks from 16 countries, targeting real-time, secure, 24/7 cross-border transactions. Over 30 of the World’s Biggest Banks From 16 Nations Just Backed Swift’s Blockchain Push Global payments infrastructure is moving rapidly toward digital rails as major banks embrace blockchain-based settlement. Swift …
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Silver is back in the spotlight as Robert Kiyosaki predicts explosive gains, urging investors to seize undervalued metals and hedge against looming economic instability with real assets. Robert Kiyosaki Predicts 5x Gains From a $100 Bet Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has revealed what he would invest in if …
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Mounting U.S. debt concerns, investor anxiety, and Mad Money’s Jim Cramer urging followers to buy crypto are igniting fresh momentum for digital assets as perceived safe-haven alternatives. Crypto Gains Traction as US Debt Crisis Fuels Safe-Haven Narrative Growing anxiety over U.S. fiscal policy has brought cryptocurrency into sharper focus, with investors debating its role as …
Continue reading “Mad Money’s Jim Cramer Says ‘Buy Crypto’ as Confidence in US Fiscal Policy Cracks”
The SEC’s latest move could accelerate listings of XRP and other crypto ETFs following new generic listing standards, signaling streamlined approvals and growing momentum for digital assets. SEC Clears Path for Crypto ETFs With New Generic Listing Standards The regulatory landscape for digital asset investment vehicles is undergoing another shift that could reshape the path …
U.S. regulators are tearing down decades of red tape to unleash a powerful new era of clarity, innovation, and global financial supremacy. SEC and CFTC Signal Historic Regulatory Overhaul to Power US Finance Forward American financial regulation is entering a decisive new phase as the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity …
Continue reading “US Regulators Unite to Ignite Unstoppable Financial Innovation Wave”
A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million …
Solana planted a $13.5 billion flag in real-world assets (RWAs), with stablecoins in mix, and Redstone’s latest report says that puts the chain in pole position for Internet Capital Markets. Redstone Analysis: Solana’s Tokenized Assets Top $13.5B, Building Internet Capital Markets The modular oracle protocol and decentralized finance (DeFi) firm Redstone explains that Solana’s RWA …
Continue reading “Redstone Report: Solana’s RWA Engine Rooms Light up With $13.5B Onchain”
