Toncoin (TON), the native cryptocurrency of The Open Network, has seen a 6% retracement from its 24-hour high after United Arab Emirates regulators swiftly refuted claims that staking Toncoin could offer a pathway to UAE residency. The clarification comes amidst a speculative surge that initially propelled TON’s price, only to be partially unwound by official … Read more
UAE authorities have firmly denied recent reports suggesting that crypto investors could secure a Golden Visa through a staking program tied to The Open Network’s native token, Toncoin (TON). The denial comes after TON promoted an initiative claiming that participants who stake $100,000 worth of TON for three years, along with a $35,000 processing fee, … Read more
Russia’s state-owned tech giant Rostec is making a notable entry into the crypto space — but with a firm grip on centralized control rather than embracing decentralization. Instead of following the path of most blockchain ventures, Rostec is preparing to roll out a ruble-pegged stablecoin and a blockchain-based payment system, both carefully designed to operate … Read more
In a significant move for the digital asset industry, AMINA Bank, a regulated Swiss financial institution, has become the first globally operating bank to offer services for Ripple’s RLUSD stablecoin. The bank announced immediate support for trading and custody of RLUSD, signaling a major step in integrating digital assets into traditional finance (TradFi). Ripple’s Strategic … Read more
KBC Bank, one of Belgium’s largest financial institutions, is planning to enable customers to invest in cryptocurrencies through its online investment platform, Bolero. The bank confirmed it expects to roll out Bitcoin and Ether investment options on Bolero later this year, pending regulatory approval. A KBC spokesperson told that an analysis is underway to secure … Read more
In a dramatic surge that reaffirms its role as a global payments rail, the XRP Ledger (XRPL) has seen payment transactions explode to record levels, now accounting for nearly 60% of all weekly activity on the network. According to the latest data from Dune Analytics, weekly payments on XRPL have jumped from just 1.5 million … Read more
Sparkassen-Finanzgruppe, Germany’s largest banking group serving over 50 million clients, announced plans to enable customers to trade Bitcoin and other cryptocurrencies directly through its mobile banking app starting in summer 2026. This initiative marks a significant shift from the group’s cautious stance in 2023, when it regarded crypto assets as too volatile and risky for … Read more
In a sign of how far blockchain-based finance has come, stablecoins and crypto debit cards are rapidly transforming how people transact—both online and at the checkout counter. From surpassing Visa and Mastercard in on-chain volume to outpacing traditional banks in micro-payments, the growth of digital asset payments is no longer speculative—it’s structural. Stablecoins: The Internet’s … Read more
Kraken has introduced Krak, its new peer-to-peer payments app designed to expand beyond crypto trading into mainstream financial services. Launched on Thursday, Krak enables users to send and receive money instantly across more than 160 countries, supporting over 300 assets, including fiat currencies, stablecoins, and cryptocurrencies. Krak targets inefficiencies in the traditional global payments system … Read more
Barclays has introduced new restrictions on using credit cards for cryptocurrency purchases, a move expected to dampen retail participation in digital asset markets. The UK-based banking giant cited concerns over crypto’s volatility and regulatory uncertainty as the primary reasons for the policy change. According to an official update on Barclays’ website, the decision is intended … Read more