Crypto exchange-traded products (ETPs) pulled in an impressive $3.3 billion last week alone, bringing this year’s total inflows to a record $10.8 billion. This surge reflects growing investor appetite for regulated ways to gain exposure to digital assets. CoinShares reports that assets under management (AUM) in crypto ETPs briefly touched
Today, Binance Pay and Travala.com unveiled fresh statistics that demonstrates the exponential development of the usage of cryptocurrency in the travel industry. The year 2024 will be a record year for bookings that are driven by cryptocurrency. Ahead of Bitcoin Pizza Day, the two platforms bring attention to the emergence of a
KOLO, a leading web3 project, has officially launched its innovative digital wallet with a worldwide debit card. This will enable users to spend their digital assets at millions of merchants worldwide that accept Mastercard and Visa. The KOLO wallet provides security, convenience, and transparency. It aims to simplify crypto integration
What did we do before crypto cards? They’re our go-to cashout mechanism, our payment method for coffee and groceries, and our on-ramp when it’s time to top up our crypto balance. Part debit card, banking app, and token swap service rolled into one, the crypto card is indispensable to those
Mastercard has partnered with MoonPay to launch a payment card which will allow users to transact with stablecoins at around 150 million merchants worldwide. This collaboration marks another step in Mastercard’s growing commitment to crypto, even as regulatory questions linger over stablecoins. Mastercard and MoonPay Join Forces to Expand Stablecoin
By expanding its integration with Ledger, the global leader in digital asset security for consumers and companies, Transak, a leading provider of Web3 payments infrastructure, has increased its collaboration with Ledger. This most recent update welcomes Transak’s off-ramping capabilities to both the Ledger Live Desktop and Ledger Live Mobile applications. This
The US Treasury Department wants to ban the Cambodia-based Huione Group from having access to the American banking system. The Department also claimed that the Group helped a hacker group from North Korea in laundering cryptocurrency. On May 1, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) made a proposal
Stablecoins have become an undeniable part of the crypto industry by merging traditional finance with digital finance. The prevalence of their usage in traditional finance has called for regulatory scrutiny across various countries. Today, stablecoin regulation is on the front lines when it comes to regulating the broader crypto market.
Spend, a new cryptocurrency debit card that is exclusively powered by the Mastercard network, has been launched by Mercuryo, a global payments infrastructure platform. Ledger customers now have the ability to utilize the Spend debit card to make purchases using their digital tokens. This feature is available via Ledger Live, which is
According to an announcement made by Enterprise-oriented blockchain Concordium, four of the most prominent stablecoin platforms will issue their assets natively on its chain. In order to power their stablecoins and become part of Concordium’s expanding PayFi ecosystem, Agant, Noon, Deep Blue, and AEDX have made the decision to use the Protocol-Level
