Beijing has blocked major Chinese tech firms from pursuing stablecoin projects in Hong Kong, the Financial Times reports, tightening controls on cross-border digital assets and curbing firms’ crypto ambitions.
Japan is weighing rule changes to let banks hold Bitcoin and other crypto for investment, signaling a policy shift that could boost institutional adoption while imposing stricter oversight and risk safeguards.
Tether releases an open-source wallet development kit to bolster global self-custody. The toolkit enables developers to build secure wallets, widening access to user-controlled digital asset storage.
Bitcoin.com rolls out USD balances for U.S. users, enabling dollar deposits, transfers, and seamless on/off-ramps in its app. The launch aims to streamline crypto-fiat access as mainstream demand accelerates.
Robinhood US has listed cryptocurrencies ASTER, XPL, and VIRTUAL, expanding its digital asset lineup. Trading is now available to eligible U.S. customers, signaling continued retail access to emerging tokens.
ACI Worldwide has integrated BitPay, enabling merchants to accept Bitcoin and major stablecoins at checkout. The move expands payment options, offers crypto-to-fiat settlement, and aims to cut costs and boost global reach.
At Bitcoin 2024 in Nashville, a landmark demo processed the world’s first Bitcoin payment on a Square terminal, signaling a leap for merchant adoption and seamless point-of-sale crypto transactions.
Nigel Farage declares “I am your champion” for UK crypto, urging clearer rules and innovation-friendly oversight. As Reform UK opens to digital-asset donations, he pitches a pro-growth agenda amid rising fintech competition.
True Global Ventures’ portfolio company GCEX Group acquires Global Block to expand its digital asset services and accelerate growth among wealth and asset managers, reinforcing its institutional focus.
The crypto industry has met the Bank of England’s proposed stablecoin cap exemptions with skepticism, arguing the narrow measures fall short of fostering true innovation and will still stifle the UK market.