Kbank Partners With Ripple for Blockchain Remittance
South Korean internet-only lender Kbank has partnered with Ripple to pilot blockchain-based cross-border payments amid shifting domestic digital asset regulations.
A cryptocurrency exchange is a platform where users can buy, sell, and trade digital assets. Exchanges can be centralized, offering user-friendly interfaces and custodial services, or decentralized, allowing peer-to-peer trading through smart contracts. They serve as key gateways between traditional finance and the crypto market. Liquidity, security, and regulation vary widely across exchanges. Choosing the right exchange is a critical decision for crypto users.
South Korean internet-only lender Kbank has partnered with Ripple to pilot blockchain-based cross-border payments amid shifting domestic digital asset regulations.
Western Union CEO Devin McGranahan confirmed that the company’s Solana-based stablecoin, USDPT, is in its final preparation stages for a scheduled launch next month.
Digital asset investment products recorded $1.2 billion in weekly inflows, marking the fourth consecutive week of positive sentiment led by Bitcoin.
XRP ETFs have surged to $1.53 billion in assets, with Goldman Sachs holding the largest institutional stake, signaling growing but still early-stage institutional adoption.
OKX is strengthening its US presence by adopting BitGo’s settlement infrastructure, enabling institutional clients to trade without pre-funding while assets remain in custody.
Mastercard has joined the Blockchain Security Standards Council, aiming to strengthen security, trust, and interoperability across blockchain and digital asset ecosystems.
The UK Financial Conduct Authority is gathering industry feedback on crypto rules covering stablecoins, custody, trading, and staking as it prepares for a full regulatory regime in 2027.
eToro is acquiring Israeli self-custodial crypto wallet provider Zengo for approximately $70 million. The key goal behind this step is to enhance its blockchain capabilities and expand into decentralized trading and tokenized asset infrastructure.
Kraken has confirmed it confidentially filed for a US IPO, signaling renewed momentum in crypto markets despite a lower valuation.
The European Central Bank has endorsed a proposal to centralize crypto oversight under ESMA, signaling a major shift in how digital asset firms are regulated across the EU.