Industry News
Major developments across crypto companies, networks and market infrastructure.
Payward Agrees to Acquire Saldo Bank for EU Banking Expansion
Payward signed a definitive agreement to acquire Lithuania-licensed Saldo Bank, aiming to add regulated deposits, lending and payments infrastructure in Europe after approvals.
Strive Proposes $500M SATS Preferred Stock Offering for Bitcoin Strategy
Strive plans a 5 million-share SATS perpetual preferred offering with a 15% annual dividend rate and potential use of proceeds for bitcoin purchases.
Tether Backs EFY Finance to Expand Stablecoin Infrastructure in Latin America
Tether invested in EFY Finance's seed round to expand regulated stablecoin payment, custody and settlement infrastructure across Latin America.
FSB Maps Cross-Border Stablecoin Risks Ahead of G20 Meeting
The FSB says global stablecoins need stronger cross-border monitoring, data standards and crisis planning as the market approaches $300 billion.
Tereina and Circle Plan USDC and EURC Payments Inside SAP Cloud ERP
Tereina and Circle plan to embed USDC and EURC payment workflows into SAP Cloud ERP, with customer proof-of-value programs expected over the coming months.
New York Secures Up to $35M From Former Celsius CEO Mashinsky
New York secured up to $35 million from former Celsius CEO Alex Mashinsky and a permanent ban from the securities, commodities and crypto industries.
CFTC Opens Consultation on U.S. Crypto Market Framework
The CFTC is seeking public comment on a possible federal framework for retail crypto commodity transactions, including abuse controls and a purpose-built market category.
Standard Chartered Plans Institutional Digital Asset Custody in Singapore
Standard Chartered plans Singapore custody for selected cryptoassets, stablecoins and tokenized assets, subject to regulatory requirements.
Solana Foundation Launches Atomic DvP Program for Institutional Settlement
Solana Foundation has launched an open-source delivery-versus-payment program that settles both sides of a tokenized trade in one transaction.