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Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts. May Zabaneh, Vice President of Product for … Read more
European Central Bank (ECB) President Christine Lagarde has urged the European Union to develop its own digital payment platform, moving away from reliance on foreign giants like Visa, Mastercard, Paypal, and Alipay. Speaking on The Pat Kenny Show, Lagarde emphasized the need for a “European offer” to secure financial sovereignty, highlighting the risks of dependence … Read more
Arthur Hayes, co-founder and former CEO of the cryptocurrency exchange Bitmex, expressed his support for tariffs in a recent social media post, stating that they can help correct global imbalances and benefit bitcoin ( BTC) and gold in the medium term. Hayes noted that the weakening U.S. dollar, driven by foreign investors selling U.S. tech … Read more
European Union regulators are reportedly preparing to impose significant penalties on Elon Musk’s social media platform X for violations of the Digital Services Act, which aims to combat illicit content and disinformation, according to a report by the New York Times. Sources familiar with the situation indicate that the penalties may include a substantial fine, … Read more
Kraken announced it has officially secured a Restricted Dealer registration in Canada, reinforcing its commitment to serving Canadian crypto investors while adhering to enhanced investor protection guidelines for crypto exchanges. This follows a rigorous pre-registration undertaking process, ensuring that Kraken meets the highest industry standards in governance, security, and compliance. To celebrate, Kraken is offering … Read more
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche’s C-Chain, automates conversions between local currencies and USD-backed stablecoins, such as USDC and USDT, facilitating faster and more cost-effective … Read more
Investment manager Vaneck has registered to list an exchange-traded fund (ETF) that will track BNB, the native cryptocurrency of the Binance-linked BNB Chain. The New York-based firm has proposed the establishment of a trust in Delaware as a preliminary step toward a formal application with the U.S. Securities and Exchange Commission (SEC). If approved, Vaneck’s … Read more
Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more accessible to consumers, particularly tech-savvy shoppers. Crypto.com, one of the largest cryptocurrency exchanges globally, emphasizes regulatory compliance and security in its … Read more
Circle has announced the launch of USDCKit, a developer-friendly software development kit (SDK) designed to simplify the integration and automation of USDC transactions for businesses of all sizes. This new tool aims to streamline stablecoin payment infrastructure, which has traditionally been complex and burdensome due to custom development and compliance requirements. It provides pre-built, intuitive … Read more
Binance has recently announced that users can now deposit euros (EUR) using Apple Pay or Google Pay, providing a seamless and secure method to fund their accounts. This feature is currently available through the Binance mobile app, either in Lite or Pro versions. Users are required to complete identity verification if they haven’t done so … Read more
