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Revolut confirms data breach via fraudulent government requests
British fintech giant Revolut confirms sensitive customer data was leaked after receiving fraudulent requests from a legitimate government agency email domain.
Read articleFasset reaches $1B valuation with $68M funding round led by SBI
Singapore-based digital asset platform Fasset completes Series B funding, marking deepening involvement of Japanese financial giants in the global blockchain market.
Read articleUS Bank completes USBDC stablecoin pilot: A major milestone for US banking
US Bank becomes the first major US bank to successfully complete a stablecoin pilot, paving the way for nationwide deployment of USD Coin (USBDC).
Read articleMoneyGram unveils Visa card backed by stablecoin
Remittance giant MoneyGram has launched a Visa card that lets customers hold dollars and spend from a stablecoin-backed balance, marking a significant step in bringing digital dollars into everyday spending.
Read articleNasdaq invests $100 million in Kraken at $21 billion valuation
The world's largest stock exchange Nasdaq has announced a $100 million strategic investment in Payward, the parent company of crypto exchange Kraken, at a $21 billion valuation - marking one of the largest traditional finance investments in crypto infrastructure in 2026 and signaling deepening integration between the two financial worlds.
Read articleBanking sector transformation: 21 major financial institutions plan stablecoin company launch in 2027
Goldman Sachs, Citi, Bank of America and 18 other major financial institutions are planning to establish a stablecoin company in 2027, backed by G20 support. This marks a historic shift of traditional banking into the digital assets world.
Read articleMVB and Velocity integrate stablecoin into Visa Direct network: A new era for cross-border payments
MVB Financial and Velocity announced a pilot integrating stablecoin settlement directly into the Visa Direct network, enabling USDC-powered push-to-card payouts. This marks a significant step in bridging crypto rails with traditional payment systems.
Read articleBlock applies for National Trust Bank Charter, paving the way for Bitcoin and stablecoin integration
Block, the parent company of Square and Cash App led by Jack Dorsey, is applying for a National Trust Bank Charter from the OCC, allowing it to custody Bitcoin and stablecoins directly within the banking system.
Read articleCircle acquires Tazapay for $400 million, expanding cross-border payments
Circle, the issuer of USDC stablecoin, has agreed to acquire Tazapay, a Singapore-based cross-border payments platform, for $400 million. This marks a major step in integrating stablecoins into global payment infrastructure.
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