Banking
Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw
US crypto market poised for transformation with major firms pursuing banking licenses amid regulatory thaw.
Oluwapelumi Adejumo 2 min read
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Payments
Circle unveils global payment network to revolutionize cross-border transactions
The new initiative includes collaborations with major financial institutions, including Standard Chartered, Deutsche Bank, Banco Santander, and Société Générale.
Adoption
Panama City council greenlights crypto payments for tax, public services
Panama City sets a precedent by reconciling crypto payments and legal tender requirements through conversion.
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Stablecoins
Tether sees 13% user growth amid global volatility, plans US expansion
Emerging markets drive Tether's 13% increase in USDT users during a volatile start to 2025.
Payments
Jack Dorsey champions Bitcoin payments for Signal’s secure messaging
The combination of Signal's secure messaging and Bitcoin's decentralized protocol could enhance digital value transfer.
Bankruptcy
Backpack begins identity verification to repay FTX EU claimants
This development comes as FTX is about to begin the second phase of its payouts by May 30.
Legislation
Panama introduces legislation to legalize voluntary crypto payments, regulate industry
The draft bill also creates a regulatory framework for Virtual Asset Service Providers (VASPs), including wallets, exchanges, and custody platforms.
Technology
Ripple teams up with Chipper Cash for blockchain-powered cross-border payments in Africa
Ripple aims to drive economic growth and financial inclusion across underserved African markets with blockchain technology.
Crypto
Ripple’s becomes first blockchain to acquire Dubai regulatory approval for cross-border payment
Ripple gains strategic foothold in the UAE, enhancing its global regulatory reach with over 60 international licenses.
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Payments
Mastercard tokenized 30% of its 2024 transactions per SEC filing
Banking
ECB empowers fintechs with direct access to Europe’s central bank payment systems
Crypto
Ripple partners with Unicâmbio to enable Portugal-Brazil remittances
Adoption