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Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
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Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
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Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, CryptoÂ
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
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Probe Agency Attaches Assets Worth Rs 2.34 Crore In J&K Crypto Scam
The Enforcement Directorate (ED) Srinagar said on Wednesday that it has attached two bank accounts and immovable property worth Rs 2.34 crore in a bogus cryptocurrency scam.
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UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
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Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
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Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
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US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
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Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
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Crypto Industry Descends on Dubai as Trump Euphoria Recedes
Crypto enthusiasts descended on Dubai on Wednesday for the TOKEN2049 conference, which is expected to attract around 15,000 people. Speakers at the two-day event in the desert city include chief executives at some of the world's major crypto firms, the head of digital assets at BlackRock and Goldman Sachs, as well as the US president's son, Eric Tr...
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
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Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
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EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.Â
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Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
-
Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
-
Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
-
Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, CryptoÂ
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
-
Probe Agency Attaches Assets Worth Rs 2.34 Crore In J&K Crypto Scam
The Enforcement Directorate (ED) Srinagar said on Wednesday that it has attached two bank accounts and immovable property worth Rs 2.34 crore in a bogus cryptocurrency scam.
-
UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
-
US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
-
Visa Partners Stripe-Owned Bridge to Launch Stablecoin Payment Cards: Details
Visa has partnered with Bridge to let developers build on its platform offer stablecoin-linked Visa cards to their users. Both companies shared official announcements on the development on April 30. They said that the main aim of this deal is to introduce stablecoins as legitimate payment options for day-to-day purchases.
-
Crypto Industry Descends on Dubai as Trump Euphoria Recedes
Crypto enthusiasts descended on Dubai on Wednesday for the TOKEN2049 conference, which is expected to attract around 15,000 people. Speakers at the two-day event in the desert city include chief executives at some of the world's major crypto firms, the head of digital assets at BlackRock and Goldman Sachs, as well as the US president's son, Eric Tr...
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
Mastercard Partners OKX, Nuvei to Launch Payment Ecosystem for Stablecoins
Mastercard has announced it will launch a a payment ecosystem allowing buyers and merchants to facilitate stablecoins transactions. In an official announcement released on April 28, Mastercard claimed that this system would be effective globally, covering over 150 million merchant locations.
-
Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
-
EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.Â
-
Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
