Synopsis- Vietnam has begun shutting down 86 million bank accounts that failed to meet new biometric verification rules. Reports from media outlets like Vietnam+ confirmed the closures started on September 1. At the same time, another 113 million accounts were...
Synopsis- Colombians will soon gain access to MoneyGram’s new crypto app, which allows users to receive and store USDC stablecoins directly. The app, powered by the Stellar network and Crossmint, will launch soon in the Apple App Store and Google Play Store. MoneyGram...
Swiss banks have reached a milestone by completing the world’s first legally binding interbank payment using public blockchain technology. The development, announced by the Swiss Bankers Association (SBA), demonstrates how tokenized deposits and smart contracts can...
Synopsis- The cryptocurrency market has closely followed the Federal Reserve’s actions over the past three years. Rising interest rates in 2022 and 2023 weighed on digital assets as investors shifted to safer options. Then in 2024, three rate cuts by the Fed breathed...
Synopsis- This summer marked a pivotal moment where two colossal agreements intertwined the worlds of U.S. diplomacy and private business. Steve Witkoff, President Donald Trump’s envoy for the Middle East, met Sheikh Tahnoon bin Zayed Al Nahyan, a top Emirati...
Synopsis- Crypto payments are expected to jump over traditional banking systems across emerging markets, reshaping the way millions manage, move, and multiply money. Mobile-first, decentralized digital currencies now outperform legacy infrastructure by directly...
Solana’s native token, SOL, recently surged past $237, surpassing Binance Coin (BNB) to become the fifth-largest cryptocurrency by market value. The rally pushed its market capitalization to a record $126 billion, signaling a major milestone. This surge reflects a mix...
In his first weeks leading the U.S. Office of the Comptroller of the Currency (OCC), Jonathan Gould made a groundbreaking admission: crypto debanking is a genuine and ongoing challenge. He confirmed at a recent CoinDesk event that many cryptocurrency businesses and...
Synopsis- Trump Media’s Truth Social is set to integrate cryptocurrency into its platform, offering premium users the ability to turn “Truth Gems” into CRO tokens. The move links the platform’s rewards program with Crypto.com, shifting the company’s earlier strategy...
Synopsis- The financial world is buzzing ahead of the U.S. Federal Reserve’s September policy meeting. Speculation about a steep 50 basis point cut spread after Standard Chartered Bank made a bold forecast. But Goldman Sachs CEO David Solomon swiftly shut down that...
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