The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. www.coindesk.com
transfers
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Most people still think crypto payments means buying coffee with bitcoin. The real shift is quieter and far larger: stablecoins now settle …
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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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In brief Transfers of less than 1 BTC reached 39,600 BTC on July 31, close to the 39,900 moved days after FTX …
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Sui has launched gas-free stablecoin transfers, a move that goes directly at one of the most annoying pieces of crypto payments: needing …
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Adoption
Hyundai Motor Tests USDT Transfers On Avalanche, Reduces Settlement From Hours To 7 Minutes
by shayaanby shayaanA $20,000 treasury transfer between a US entity and its Mexico operations would normally crawl through correspondent banking rails for several hours. …
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Markets
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
by shayaanby shayaanThe initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. www.coindesk.com
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Markets
BNB Chain Gas-Free Stablecoin Transfers Target Crypto’s Everyday Payment Problem
by shayaanby shayaanStablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push …
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The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins while leaving direct Bitcoin …
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TL;DR Sui reportedly handled around $65 billion in stablecoin transfers in a five-day stretch after its gasless stablecoin update. The update reduces …