Visa has launched a pilot program in the United States allowing businesses to send fiat-funded stablecoins directly to users’ crypto wallets through its digital payments network, Visa Direct. […]
South Korea Expedites Stablecoin Oversight for Enhanced Crypto Security
South Korea’s Financial Services Commission (FSC) is taking bold action to bolster its cryptocurrency framework by accelerating the implementation of stablecoin regulations. Chairman Lee Eog-weon announced plans to […]
Coinbase Terminates $2 Billion BVNK Deal Over Stablecoin Competition
Coinbase has called off its planned acquisition of BVNK, a leading stablecoin provider, amidst intensifying competition in the stablecoin market. This decision comes as the company’s market capitalization […]
BoE Deputy Governor Warns of Financial Risks from Relaxed Stablecoin Rules
The Bank of England (BoE) has issued a critical warning about the potential consequences of easing stablecoin regulations, highlighting the risks they pose to financial stability. Deputy Governor […]
Bank of England Calls for Stronger Stablecoin Regulation
The Bank of England has expressed concerns about potential risks posed by relaxing stablecoin regulations in the UK. In a recent consultation paper, Deputy Governor Jon Cunliffe highlighted […]
Coinbase and BVNK Call Off $2 Billion Acquisition Deal
In a surprising development, Coinbase and stablecoin infrastructure firm BVNK have ended their $2 billion acquisition agreement. This cancellation comes amidst a surge in stablecoin interest across the […]
Coinbase Cancels $2 Billion BVNK Acquisition Amid Regulatory Hurdles
Coinbase has terminated its planned acquisition of the UK-based stablecoin firm BVNK, valuing it at $2 billion. The move comes amid rising competition and regulatory uncertainty within the […]
Coinbase Terminates $2 Billion Acquisition of BVNK Amid Regulatory and Competitive Pressures
Coinbase has announced the end of its proposed $2 billion acquisition of BVNK, a UK-based stablecoin infrastructure firm. The cancellation follows growing industry competition and regulatory hurdles in […]
Coinbase Terminates $2B Stablecoin Deal With BVNK
Coinbase and stablecoin startup BVNK have ended their planned acquisition agreement, which was poised to be one of the largest in the cryptocurrency industry. The companies mutually agreed […]
Coinbase Halts $2 Billion BVNK Acquisition, Shifting Focus to Stablecoin Ecosystem
Coinbase has ended its planned acquisition of UK-based stablecoin firm BVNK for $2 billion. The decision follows exclusive negotiations and rigorous due diligence but reflects the company’s strategic […]
Coinbase Cancels $2 Billion BVNK Acquisition
Coinbase has officially withdrawn from negotiations to acquire BVNK, a UK-based stablecoin infrastructure startup. This deal, valued at around $2 billion, was one of the largest anticipated in […]
Coinbase Cancels $2 Billion BVNK Acquisition Plan
Coinbase has unexpectedly terminated its planned acquisition of BVNK, a stablecoin payments firm valued at $2 billion, according to industry sources. This decision was not publicly announced by […]
Transak Expands US Operations with 5 New MTLs for Stablecoin Compliance
Financial technology firm Transak has secured five new Money Transmitter Licenses (MTLs) in Iowa, Kansas, Michigan, South Carolina, and Vermont, increasing its U.S. presence to ten states. These […]
Coinbase Halts Acquisition of BVNK, Reshaping Stablecoin Strategy
Coinbase has abruptly halted its $2 billion acquisition of stablecoin startup BVNK, after completing due diligence in October. This decision reflects a strategic shift for Coinbase as they […]
Transak Secures Six New U.S. State Licenses for Stablecoin Payments
Transak expands its presence in the US, obtaining six new state licenses to facilitate stablecoin payments. This brings the total number of states where Transak operates to eleven, […]