"U.S. banking regulators (FDIC, Federal Reserve, OCC) have withdrawn previous restrictive statements on crypto assets, giving banks more freedom to engage with digital assets without prior approval. Banks can now more easily offer crypto services and provide banking...
Ethiopia: M-Pesa Launches Digital Fuel Payment Service at Bole Total Energies Station
"M-Pesa Safaricom has officially launched a digital fuel payment service at the Bole Total Energies gas station in Addis Ababa, enabling customers to pay for fuel directly through their mobile phones. The new service aims to offer a fast, secure, and convenient...
Verifone and Stripe Partner to Deliver Unified Commerce
"Verifone, the global payments leader for the world’s best-known merchants, financial institutions, and fintechs, announced that it is entering into a partnership with Stripe, a programmable financial services company. Through this partnership, Stripe services will...
Nuvei Offers Canadian Businesses Near Instant Pay-Outs via Mastercard Move
"Canadian fintech company Nuvei and Mastercard are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate payouts to a consumer’s Debit Mastercard or...
Ghana to Begin Digital Asset Regulation in September
"Ghana’s central bank will begin overseeing the digital asset space later this year, pending the passage of legislation currently before parliament, Governor Johnson Asiama has revealed. Asiama spoke at the African Leaders and Partners Forum, held in Washington on the...
Stripe Unveils AI-Powered Fraud Detection and Stablecoin Accounts in Global Crypto Push
"Stripe is doubling down on crypto and AI with major updates unveiled at its annual user conference in San Francisco. The payments giant announced the launch of Stablecoin Financial Accounts, enabling businesses in over 100 countries to hold balances in dollar-backed...
Singapore Central Bank Addresses Delays on Cross-Border Payments
"The success of new cross-border, real-time payment systems require co-operation and some creative thinking to overcome initial challenges. “We introduced an asynchronous flow to bridge this gap, where a new confirmation was introduced, which indicated that a transfer...
Coinbase X402 Payments Protocol to Make AI Agents More Autonomous
"Coinbase has introduced a new payments protocol for online payments that enables stablecoin transfers over standard internet protocols and AI agents to transact autonomously. Coinbase announced that it is launching a protocol called x402 for instant stablecoin...
UK Seeks Feedback On Banning Consumers From Borrowing To Buy Crypto
"The United Kingdom continues to plot out its regulation in the years ahead, governing cryptocurrencies and digital assets. The Financial Conduct Authority announced the issuing of a discussion paper, seeking feedback on rules to ban investors from using borrowed...
Standards for Bank Tokens Proposed by Kinexys by JP Morgan, MIT
"Kinexys by JP Morgan, the bank’s blockchain arm, and the Massachusetts Institute of Technology’s Digital Currency Initiative have collaborated on a paper to explore standards for bank tokens on open blockchains. The authors suggest primarily relying on existing...