Crypto’s downturn over the last year has done little to slow stablecoins at the border, with cross-border stablecoin flows rising 77.5% in …
crossborder
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South Africa has released draft requirements to guide crypto cross-border transfers in the region. The move has drawn reactions from crypto industry …
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Regulation
Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits
by shayaanby shayaanBrazil’s central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct. 1. Resolution …
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Markets
Circle agrees to buy cross-border payments firm Tazapay for $400 million
by shayaanby shayaanThe deal could grant Circle vital, regulated “last-mile” infrastructure, bridging the gap between stablecoins and traditional local banking systems. www.coindesk.com
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Belgian federal police have targeted crypto wallets linked to offshore piracy platforms in a cross-border enforcement action, according to an official government …
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The central debate in digital asset policy used to be whether to regulate at all. That question is now settled. MiCA’s transitional …
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South Africa’s National Treasury and the South African Reserve Bank (SARB) have published a draft rule that, for the first time, sets …
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Markets
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
by shayaanby shayaanTwenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement. www.coindesk.com
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Markets
Japan's SBI Group is building Asia's first cross-border digital asset empire
by shayaanby shayaanThe securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership …
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Regulation
US and UK set common stablecoin rules, opening a clearer cross-border lane for crypto issuers
by shayaanby shayaanThe United States (US) and the United Kingdom (UK) are making progress on the regulation of stablecoins, marking attempts to facilitate stablecoin …