Bankera founders used ICO funds on global property buys: Report

The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project. The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s … Read more

Samourai Wallet, feds ask for time to mull dropping crypto mixer case

US federal prosecutors and the co-founders of the crypto mixer Samourai Wallet have asked a court for more time to consider potentially dismissing the case after the Justice Department rolled back its crypto enforcement. Lawyers for Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill said in an April 28 letter to Manhattan … Read more

Mastercard Expands Stablecoin Acceptance With 360-Degree Digital Payment Strategy

Mastercard is turbocharging the future of payments with a sweeping launch of global stablecoin capabilities, revolutionizing digital wallets, merchant checkouts, and cross-border transactions. Mastercard Unveils Full-Scale Stablecoin Payments Network Globally Mastercard announced on April 28 a major step forward in digital payments by unveiling global, end-to-end capabilities aimed at enabling stablecoin transactions from digital wallets … Read more

US dollar to face growing competition for stablecoin dominance: Tether co-founder

While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play, according to Tether co-founder Reeve Collins.  Speaking to Cointelegraph in Dubai, Collins said that while USD-backed stablecoins may currently dominate, other currencies and assets may compete to back stablecoins. He said:  “The stablecoin definitely helps … Read more

Ray Dalio says global monetary order ‘on the brink’ of breakdown

Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions. The trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund … Read more

Coinbase Welcomes Competition in Crypto as Institutional Adoption Redefines Global Finance

Coinbase’s CEO is urging companies to dive into crypto’s explosive growth, championing unstoppable institutional adoption and a soaring total addressable market transforming global finance forever. ‘The Water Is Warm, Everyone Should Come in’ Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), responded Monday on social media platform X to commentary crediting Coinbase with steering … Read more

Crypto group asks Trump to end prosecution of crypto devs, Roman Storm

The crypto lobby group, the DeFi Education Fund, has petitioned the Trump administration to end what it claimed was the “lawless prosecution” of open-source software developers, including Roman Storm, a creator of the crypto mixing service Tornado Cash. In an April 28 letter to White House crypto czar David Sacks, the group urged President Donald … Read more

Citi Predicts $3.7 Trillion Bull Case Stablecoin Explosion in Global Markets

Citi forecasts U.S. dollar stablecoins could surge to $3.7 trillion in the bull case, driving an unprecedented blockchain-fueled transformation of global finance by 2030. US Dollar Stablecoins Set to Dominate Amid Global Blockchain Frenzy, Says Citi Citi’s Global Perspectives and Solutions division released a new report titled “Digital Dollars—Banks and Public Sector Drive Blockchain Adoption” … Read more

Mastercard links with Circle, Paxos for merchant stablecoin payments

Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.  Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said … Read more

Nasdaq Drops Crypto Framework on SEC That Could Redefine Trading

Nasdaq is revolutionizing the future of digital assets with a bold framework to seamlessly fuse crypto into U.S. capital markets while safeguarding investors, laying the groundwork for a major financial transformation. Nasdaq Unveils Ambitious Digital Asset Integration Framework Nasdaq Inc. has proposed a comprehensive new regulatory framework aimed at integrating digital assets into the existing … Read more