The world’s biggest banks and FinTechs are scrambling to roll out their own stablecoins. It’s a sort of “gold rush” driven by the anticipation that cryptocurrencies will transform the cross-border payments market, the Financial Times (FT) reported Monday (March 10). For example, the report said,...
No matter how groundbreaking the impact, innovations can’t outrun regulation forever, particularly when that innovation occurs in the highly regulated space of payments and financial services. Enter the humble stablecoin, which now has a growing list of regulatory frameworks centered on ensuring its nominal stability...
The relationship between traditional finance and cryptocurrency has, for years, been uneasy at best. But when it comes to FinTech companies, it’s been an entirely different story. Many of the leading platforms have embraced blockchain products, positioning them at the center of their offerings. The...
BVNK has launched what it calls the first embedded wallet unifying fiat and stablecoins globally. “Stablecoins are redefining how we transfer value around the world, enabling 24/7/365 global payments near-instantly,” the cryptocurrency-to-fiat firm said in a news release Wednesday (March 5). “But they’re not yet seamless for all...
February 11, 2025
At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including PayPal — cautioned against a policy of what was repeatedly referred to as regulation by enforcement. And, they said, for the right safeguards to be put in place, along with […]
February 10, 2025
In anticipation of a congressional hearing Tuesday (Feb. 11) on regulating digital assets, Rep. Maxine Waters of California introduced a bill that would establish a comprehensive regulatory framework for payment...
January 24, 2025
Nearly a week into his presidency, and Donald Trump has yet to mention bitcoin. But despite the absence by name of any one particular digital asset, the crypto world still...
January 14, 2025
Meeting customer needs is an imperative for financial institutions aiming to stay competitive. But innovations often run into the elephant in the room: outdated and incompatible banking tech stacks. Offering...
March 10, 2025
The Trump administration’s embrace of cryptocurrencies reportedly could accelerate the European Union’s (EU) adoption of a digital euro. European Stability Mechanism (ESM) Managing Director Pierre Gramegna told reporters Monday (March 10) that Europe’s monetary autonomy and financial stability could be threatened by the Trump administration’s interest in cryptocurrencies and dollar-denominated stablecoins, Bloomberg reported Monday. The Trump administration’s embrace […]
March 10, 2025
The world’s biggest banks and FinTechs are scrambling to roll out their own stablecoins. It’s a sort of “gold rush” driven by the anticipation that cryptocurrencies will transform the cross-border...
March 05, 2025
BVNK has launched what it calls the first embedded wallet unifying fiat and stablecoins globally. “Stablecoins are redefining how we transfer value around the world, enabling 24/7/365 global payments near-instantly,” the...
February 27, 2025
Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual...
