Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
Jack Dorsey's Block Inc. has applied to the OCC for a National Trust Charter, a landmark move to formalize Bitcoin and stablecoin custody within the U.S. federal banking framework.…
Cash App parent Block has applied for a national bank charter with the OCC, joining a growing wave of fintechs seeking full banking authority.…
The Clarity Act faces a critical procedural vote on September 15, requiring 60 Senate votes just to begin debate — with failure likely ending its prospects entirely.…
The U.S. Secret Service seized $52.8M in crypto linked to Xinbi Guarantee, a Telegram marketplace that processed $24B in scam-related transactions before Treasury sanctioned it.…
U.S. Bank launches its dollar-backed USBDC stablecoin on a public blockchain, completing a live cross-border payment between North America and Europe.…
U.S. Bank has executed a live cross-border transaction using its proprietary USBDC stablecoin on the public Stellar blockchain, bridging its North American and European entities.…
Consensys Software Inc. is dividing into two entities: one becoming MetaMask, the other a new Consensys focused on Ethereum protocols and institutional blockchain.…
Tether and Fasanara Capital have launched a $400M evergreen private credit fund targeting $3B, using USDT infrastructure to power asset-backed lending across 60+ countries.…
California, Connecticut, Maryland, and New Jersey have enacted algorithmic pricing restrictions, while New York may escalate from disclosure rules to outright prohibition.…
The US and UK have signed a first-of-its-kind memorandum of understanding to jointly pursue the overseas criminal compounds driving industrial-scale cryptocurrency investment and romance scams.…
Chime Financial agrees to buy longtime partner Stride Bank for $590 million in cash, signaling a pivotal shift in how neobanks pursue regulatory standing.…
Germany's Finance Ministry has drafted a 25% flat tax on cryptocurrency gains starting 2027, ending the twelve-month exemption for new buyers while protecting existing holders.…