Latest FinTech & Blockchain News
BlockDAG Launches with Record-Breaking Trading Volume
Public trading for BlockDAG (BDAG) started on exchanges like Coinstore and BitMart, achieving top 100 on CoinMarketCap instantly with unprecedented volume surpassing early Solana launches. Major US listings are planned, fueling 100x growth potential amid strong rewards program participation.
Revolut Files for US National Bank Charter
UK fintech Revolut applied for a de novo US national bank charter with OCC and FDIC deposit insurance to operate as Revolut Bank US NA across all 50 states. This grants access to Fedwire and ACH systems.
Regional CEO confirmed amid expansion push.
Mastercard and Santander Complete Europe's First AI Agent Payment
Santander and Mastercard executed Europe's first live end-to-end AI agent payment using Mastercard Agent Pay with Microsoft Azure OpenAI. The pilot leveraged Santander’s infrastructure and will scale to more use cases.
Launched in 2025, it advances AI in payments.
Ualá Reaches $3.2Bn Valuation with $195M Funding
Argentina neobank Ualá secured $195M led by Allianz X, boosting valuation to $3.2B for Latin America expansion. Investors include Tencent and Soros Fund; follows 2024 Series E.
Aims to grow footprint regionally.
Kraken Financial Gains First Fed Master Account for Digital Asset Bank
Federal Reserve granted Kraken Financial a master account, first for a US digital asset bank, enabling Fed payment access. Limited scope excludes interest on reserves or emergency lending.
Wyoming-chartered affiliate of Kraken exchange.
Pakistan Passes Virtual Assets Act 2026 Formalizing $300Bn Crypto Market
Parliament enacted the Act establishing PVARA to license exchanges with jail for unlicensed trading; aligns with FATF standards. Binance and HTX received NOC; includes Bitcoin reserve and mining power plans.
Integrates Shariah principles.
US Court Approves Class Action Against Tether and Bitfinex
New York federal court granted class action status alleging 2017-2019 USDT issuance manipulated BTC and ETH prices. Claims unbacked tokens created market bubble causing billions in losses.
Case splits plaintiffs into spot and futures groups.
SEC Submits Crypto Token Taxonomy Interpretation
SEC filed guidance to White House OIRA for categorizing crypto assets under securities laws, establishing token taxonomy. Awaits review before commissioners' vote.
Aims for clearer jurisdiction on assets.
Trump Backs CLARITY Act and Stablecoin Legislation
Trump accused banks of blocking GENIUS and CLARITY Acts on Truth Social, urging market structure progress. Supports Coinbase push; boosted COIN shares past $200.
Reinforces pro-crypto regulatory tailwinds.
FATF Warns on Stablecoin and P2P Wallet Illicit Finance Risks
FATF report notes 250+ stablecoins with $300B cap, 84% of 2025 illicit volume; P2P unhosted wallets a key vulnerability. Recommends protections amid rapid expansion.
Indiana enacts crypto user protections.
Coinbase Faces Cautious 2026 Outlook Despite Rally
COIN shares rose on Trump support and BTC rebound, but analysts forecast slower trading revenue and subscription declines. Stablecoin revenue bright spot at $1.4B; user growth but weaker monetization.
Institutions Eye Latin America's Crypto Market Boom
LATAM sees rising institutional adoption with clearer 2026 regs; Brazil, Mexico lead, Argentina/Venezuela focus stablecoins. Ualá funding exemplifies trend.
Enhanced hedging and expansion.