Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561, published April 30, updates rules for…
OSL Group has raised $200 million in equity financing as it steps up plans to expand its stablecoin trading and payment businesses globally. The Hong Kong–listed digital asset company said…
Stablecoin giant Tether led an $8 million strategic investment in Speed, a payments infrastructure company that blends Bitcoin’s Lightning Network with stablecoin settlement to move money in real time.Speed processes…
Yacimientos Petrolíferos Fiscales (YPF), Argentina’s state-controlled energy company, is reportedly considering allowing drivers to pay for gasoline and diesel with cryptocurrency, as digital assets continue to gain traction in everyday…
SÃO PAULO — Crypto payments company Truther plans to launch a card in El Salvador on January 29, via a partnership with Visa, which allows users to spend USDT directly…
Crypto wallet provider Exodus plans to use its Bitcoin reserves to finance a major push into onchain payments, striking a $175 million deal to acquire W3C Corp, the parent company…
Exodus Movement (EXOD), a publicly-traded crypto wallet firm, said on Monday it is acquiring Uruguay-based Grateful, a startup offering stablecoin-based payments for merchants.The move aims to expand Exodus’ presence in…
Around the world, stablecoins are coming under a fairly consistent and convergent regulatory regime. They must be backed by real, high-quality assets, are subject to regular audits, and issuers are…
SINGAPORE — Arf, a Swiss provider of short-term liquidity for cross-border payments, is set to join Circle Payments Network (CPN) in a move that will provide eligible users access to…
AllUnity, a German regulated e-money institution backed by DWS, Flow Traders, and Galaxy, and issuer of the EURAU euro stablecoin, has partnered with Privy, the crypto wallet infrastructure firm owned…
