Crypto

BaFin approves 42-day redemption process for Ethena’s USDe holders

Ethena Labs announced on Wednesday that the German financial regulator BaFin and Ethena GmbH, the company’s German branch, have agreed…

Crypto cards beat banks in Europe’s small payment war

Crypto-linked cards are reshaping how Europeans handle small transactions. A new report from CEX.IO shows that nearly half of crypto…

International Operation dismantles €460 million Crypto fraud network

Spanish police dismantled a massive crypto fraud gang on 25 June after the arrest of five individuals in the course…

Kazakhstan sets state Crypto reserve under National Bank oversight

Kazakhstan is preparing to create a national crypto-reserve, according to National Bank Chairman Timur Suleimenov. This reserve will likely be…

PayPal and stripe adopt stablecoins for faster payments

Stablecoins became the default payment processing on the internet and have shown higher usage than card networks. The on-chain transaction…

Crypto developments drive Asia’s financial momentum

Asian crypto developments moved fast this week. Markets reacted, governments acted, and investors followed. Japan’s financial agency proposed a major…