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.
Cryptocurrency
A cryptocurrency is a digital or virtual form of money that uses cryptography to secure transactions and control the creation of new units. It operates on blockchain or distributed ledger technology, allowing peer-to-peer transfers without a central authority. Transactions are verified by network participants through consensus mechanisms such as proof of work or proof of stake. Cryptocurrencies can be used for payments, value transfer, or as a utility within blockchain applications. Their supply and rules are defined by software protocols.
Western Union to Launch Solana-Based USDPT Stablecoin
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.
Bitcoin Leads Weekly $1.2 Billion Crypto Product Inflows
Digital asset investment products recorded $1.2 billion in weekly inflows, marking the fourth consecutive week of positive sentiment led by Bitcoin.
Goldman Sachs Emerges as Largest Institutional Holder of XRP ETFs
By
David Walker
• 3 mins read
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 Expands US Institutional Push With BitGo Off-Exchange Settlement Integration
By
Matthew Clarke
• 2 mins read
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 Joins Blockchain Security Standards Council to Boost Industry-Wide Security
By
Matthew Clarke
• 3 mins read
Mastercard has joined the Blockchain Security Standards Council, aiming to strengthen security, trust, and interoperability across blockchain and digital asset ecosystems.
UK FCA Seeks Feedback on Crypto Rules Ahead of 2027 Regulatory Rollout
By
Emily Carter
• 3 mins read
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 Acquires Zengo for $70M to Expand Crypto Self-Custody and Blockchain Strategy
By
David Walker
• 3 mins read
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.
ECB Endorses Centralized Crypto Oversight Across the EU
By
Emily Carter
• 3 mins read
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.
Japan Moves to Classify Crypto as Financial Instruments Under New Law
By
Emily Carter
• 3 mins read
Japan approves a bill to classify cryptocurrencies as financial instruments, introducing stricter oversight, insider trading bans, and disclosure rules.