Klarna Partners with Privy to Explore Integrated Crypto Wallet Features
Klarna is partnering with Privy to test crypto wallet functionality within its financial ecosystem, building on the recent launch of its dollar-backed stablecoin.
Revolut Partners with Trust Wallet for Instant EU Crypto Purchases
Revolut and Trust Wallet have launched instant crypto purchases in the EU, allowing users to send assets directly to a self-custodial wallet.
Stripe Acquires Valora Team to Expand Crypto Services
Stripe has acquired the team behind Valora wallet to accelerate its stablecoin offerings, integrating talent while leaving the app’s IP with cLabs.
Sei Integrates Crypto Wallet on Xiaomi Smartphones Globally
Sei launches a pre-installed crypto wallet on Xiaomi phones outside the US and China, with stablecoin payments planned for retail and online ecosystems.
IMF Flags Stablecoins as Emerging Market Risk
The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets, though experts say their market size is not yet significant.
Tempo Launches Public Testnet for Payments-Focused Blockchain
Tempo, the Stripe- and Paradigm-incubated payments blockchain, launched its public testnet as it advances its stablecoin-first infrastructure for on-chain settlement.
ASIC Broadens Stablecoin Relief for Intermediaries
Australia’s ASIC expands licensing and custody exemptions for stablecoin and wrapped token intermediaries, aiming to foster digital asset innovation and operational efficiency.
Tether Wins Abu Dhabi Approval to Expand USDT Across Nine Blockchains
Abu Dhabi’s financial regulator authorized licensed firms in ADGM to support USDT across nine additional blockchains, expanding the stablecoin’s regulated presence.
Circle Gains ADGM License as UAE Expands Regulated Digital Asset Framework
Circle secured a Financial Services Permission license from Abu Dhabi Global Market, strengthening its position in the Middle East as the UAE accelerates the development of a regulated digital asset ecosystem.
UK Formally Recognizes Crypto as Distinct Category of Property
The UK has enacted legislation that formally designizes digital assets as a separate category of property, providing stronger legal clarity for ownership, recovery, and litigation involving crypto.
European Banks Form qivalis to Launch Euro-Pegged Stablecoin
A consortium of 10 major European banks has created a new company, qivalis, to develop a euro-based stablecoin aimed at strengthening Europe’s position in digital payments.
Bitget Wallet and LINE NEXT Launch Global Crypto Payment Card
Bitget Wallet and LINE NEXT introduced a co-branded global crypto card supporting zero-fee USDT and USDC payments.
China Intensifies Policy Coordination to Curb Stablecoin and Crypto Payments
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
Visa Expands Stablecoin Settlement with Aquanow Partnership Across CEMEA Region
Visa has partnered with Aquanow to expand stablecoin settlement capabilities across the CEMEA region, enabling issuers and acquirers to settle transactions using USDC for faster, lower-cost cross-border payments.
Tether to End Uruguay Bitcoin Mining Operations Citing High Energy Costs
Tether, the stablecoin issuer, is reportedly ceasing its Bitcoin mining operations in Uruguay and laying off most of its local team due to uncompetitive energy costs.
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