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News
U.S. House weighs two crypto tax bills on Sept. 16
9+ hour, 59+ min ago (1120+ words) House tax writers have reportedly scheduled a Sept. 16 review of two bills that could change how U.S. miners, stakers and traders calculate federal taxes. The House Ways and Means Committee plans to consider H.R. 9175 and H.R. 9172 on Wednesday. The committee’s public calendar had…...
Thailand SEC proposes $151K stablecoin transfer cap
1+ day, 6+ hour ago (999+ words) Thailand’s Securities and Exchange Commission has proposed limiting inbound and outbound stablecoin transfers involving external wallets to five million baht, or roughly $151,000, per customer, operator and day. The regulator’s consultation, published on Sept. 11, would require stablecoins deposited with or withdrawn…...
UK crypto firms get five-month window to seek FCA approval
2+ day, 4+ hour ago (591+ words) UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027. The FCA’s published timetable puts an exact date…...
PYUSDx reaches $100M as M0 CEO explains business stablecoin model
3+ day, 22+ hour ago (1368+ words) PayPal, M0, and MoonPay have publicly launched PYUSDx after three products processed about $100 million through the business stablecoin platform. M0 CEO and co-founder Luca Prosperi told crypto.news that PYUSDx gives businesses control over token rules, revenue, and administration that they would…...
Cosmos says bank tokenization is moving beyond pilots
3+ day, 22+ hour ago (1002+ words) Cosmos has launched a 17-company partner network as it prepares for a Wells Fargo tokenized-deposit rollout planned for fall 2026, according to its chief commercial officer. Cosmos Chief Commercial Officer Eran Barak told crypto.news that the Partner Network is designed…...
U.S. Bank pilots USBDC stablecoin on Stellar
4+ day, 8+ hour ago (1087+ words) U.S. Bank completed a live cross-border payment using USBDC, its proprietary dollar-backed stablecoin, the bank announced on Sept. 9. The transaction moved value between U.S. Bank entities in North America and Europe through the Stellar public blockchain. The bank presented the transaction as…...
Fidelity brings FIDD stablecoin to on-chain finance
4+ day, 10+ hour ago (822+ words) Fidelity Digital Assets renewed its institutional push for the Fidelity Digital Dollar on Sept. 9, positioning the Ethereum-based stablecoin for payments, settlement and tokenized markets. Fidelity’s public dashboard showed approximately 50.09 million FIDD outstanding, giving the token a market capitalization of about…...
Changelly review 2026: fees, limits, KYC and exchange rates
4+ day, 19+ hour ago (1165+ words) Changelly has been running as an instant crypto exchange and a platform for crypto purchases and cashouts since 2015. According to the company, its user base counts 12 million worldwide. The service works without a login for swaps: you pick a pair,…...
Circle put USDC on Chelsea shirt, FCA did not blink
4+ day, 20+ hour ago (1335+ words) The first regulated crypto company to land a Premier League shirt deal did so three months after the Financial Conduct Authority told clubs to stop signing “dodgy” sponsors. Circle is not dodgy. But the product on the shirt exists in…...
KiiChain adds two major banks to its 24/7 LatAm FX network
5+ day, 2+ hour ago (389+ words) With two major Colombian financial institutions onboarded, including state-owned Banco Agrario, KiiChain is expanding its institutional FX and settlement footprint across Latin America. The network has processed more than $500 million and targets up to $10 million in daily transactions with Financiera…...