Fed Chair: Banks Free to Work With Crypto Firms
U.S. Federal Reserve Chair Jerome Powell recently stated that American banks are allowed to legally offer services to crypto companies, provided they meet safety requirements and ensure protection for clients and the financial system. The announcement marks a notable regulatory shift toward the digital asset industry.
According to Powell,
RLUSD Stablecoin Now Integrated into Bank of America Payments
Bank of America has announced the expansion of its partnership with Ripple by integrating the RLUSD stablecoin into its internal payment processes. RLUSD is a USD-backed stablecoin developed by Ripple.
The collaboration, initially launched to develop a blockchain-based cross-border payment network, has now been extended to include liquidity management solutions
Satoshi Nakamoto Statue Found Vandalized in Lake Lugano
The symbolic statue of Bitcoin's creator, Satoshi Nakamoto, was found vandalized in Lake Lugano shortly after being reported stolen. The artwork, created by artist Valentina Picozzi and located in Parco Ciani, Lugano, was discovered in several pieces by municipal workers.
According to the art collective Satoshigallery, which designed
Coinbase surpasses Tesla with latest bitcoin purchase
Coinbase acquired 2,509 bitcoin in the second quarter of 2025, investing approximately $222 million. This brings the company’s total bitcoin holdings to 11,776 BTC, valued at around $1.3 billion, with unrealized gains exceeding $600 million.
Reentering the top 10 public companies holding the largest bitcoin reserves—
Bank of Korea Launches New Cryptoassets Department
The Bank of Korea (BOK) has officially announced the establishment of a Virtual Asset Division, also referred to as the Cryptoassets Department or the Virtual Asset Group. The new structure operates under the Financial Payment Systems Bureau and is tasked with monitoring the crypto industry and participating in policy-making concerning
Disney Launches Free NFTs for Disney+ Subscribers
Walt Disney Co has launched a new benefits program for Disney+ subscribers, offering free monthly NFTs. In partnership with Dapper Labs, the program grants users access to the Disney Pinnacle platform, where subscribers can claim a “mystery capsule” NFT each month.
The initiative will also be extended to Hulu subscribers
Visa CEO Sees Stablecoins as Growth Opportunity, Not a Threat
Visa does not view stablecoins as a threat but as an opportunity to expand its payments infrastructure, according to CEO Ryan McInerney during the company’s Q3 earnings call. McInerney said Visa supports the Genius Act, the stablecoin legislation recently signed into law by President Donald Trump, calling it a
Revolut May Acquire US Bank to Fast-Track Banking License
Revolut, one of the UK’s leading fintech platforms, is reportedly considering the acquisition of a US bank in order to fast-track its entry into the American market, according to the Financial Times.
The company is evaluating the purchase of a federally chartered bank, which would allow it to offer
Coinbase Launches Nano Futures for XRP and Solana
Coinbase Derivatives has announced the launch of nano-style perpetual futures for Ripple (XRP) and Solana (SOL), set to debut on August 18. These contracts are designed to provide low-capital exposure to the derivatives market and will expire after five years.
Nano contracts allow trading of small fractions of the underlying
RAKBANK Launches Direct Crypto Trading via its Banking App
RAKBANK, a traditional bank based in the United Arab Emirates, has launched a crypto trading service for retail clients through its mobile app.
The service is implemented in partnership with BitPanda, a UAE-regulated crypto exchange, and allows users to buy, sell, and swap cryptocurrencies directly from their current or savings