Cumberland has enhanced its regulatory coverage by obtaining a Major Payment Institution license issued by the Monetary Authority of Singapore. The license permits Cumberland SG Pte. Ltd. to offer Digital Payment Token Services and Cross-Border Money Transfer Services under the Payment Services Act of Singapore. The license concludes the regulatory
July 14, 2026 3 mins read
The listing of DRV tokens on the biggest crypto exchange in South Korea is going to provide better market accessibility to the Derive protocol by July 14. Upbit confirmed support for KRW, BTC, and USDT trading pairs. This brings the protocol to one of Asia’s most liquid retail cryptocurrency markets.
July 14, 2026 2 mins read
The White House is about to lose its primary crypto negotiator at a crucial time for U.S. digital asset legislation. Patrick Witt, who is the executive director of the White House Crypto Council, will be starting his military training with the Georgia Army National Guard by the end of this
July 14, 2026 2 mins read
Ripple is supporting the United Kingdom’s strategy that seeks to grow the adoption of tokenization infrastructure within wholesale financial markets. The move came after a recommendation from Chris Woolard, who was appointed as Wholesale Digital Markets Champion in April by HM Treasury. The plan is aimed at taking the financial
July 13, 2026 2 mins read
Coinpost-hosted WebX 2026 in Tokyo had Tom Lee as one of its speakers in favor of Ethereum. Lee gave his keynote speech entitled “Ethereum: The Cure for the Wealth Uncanny Valley.” Lee said Ethereum has the potential to become the settlement layer for the artificial intelligence era. He attributed that
July 13, 2026 2 mins read
Lawson is set to conduct payment tests using JPYC stablecoin backed by the Japanese yen beginning in early August at one convenience store in Tokyo. According to the FNNews article, the firm decided to conduct the tests in the Takanawa Gateway City convenience store in Minato Ward. HashPort, the digital
July 13, 2026 2 mins read
In its report on Q2 2026, Bitwise noted that it was another tough quarter for digital assets despite growth in a number of blockchain verticals. The Bitwise 10 Large Cap Crypto Index fell by 15.4% in Q2 2026, marking another quarter in a row of crypto declines. Out of the
July 10, 2026 2 mins read
Sony Bank has secured conditional approval from the U.S. Office of the Comptroller of the Currency to establish Connectia Trust, a national trust bank focused on digital assets. The approval moves Sony Financial Group closer to launching a U.S. dollar-backed stablecoin through its planned American subsidiary. Sony Bank announced that
July 9, 2026 2 mins read
Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s
July 9, 2026 2 mins read
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
July 8, 2026 2 mins read