South Korea tests blockchain stablecoin in first government pilot
South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. Summary Gyeonggi Province will begin South Korea’s first government-backed blockchain stablecoin pilot in August. ZKrypto will test…
SWIFT Launches Blockchain-Based Ledger for 24/7 Cross-Border Payments, Pilots With 17 Global Banks Using Tokenized Deposits
Swift, the cooperative behind the world’s dominant financial messaging network, announced on July 9, 2026 that its blockchain-based ledger has moved from pilot concept to operational readiness, opening the door for round-the-clock cross-border payments powered by tokenized deposits. Seventeen banks…
NOWPayments CEO Kate Lifshits Says Businesses Should Stop Paying for Crypto Payouts
[PRESS RELEASE – Amsterdam, Netherlands, July 10th, 2026] NOWPayment believes the crypto industry has accepted unnecessary costs for too long – and that businesses no longer have to. For years, paying blockchain fees has been treated as the price of…
Sony Bank Gains U.S. Approval for Stablecoin Trust Bank
Sony’s online banking arm has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank subsidiary, positioning the Japanese entertainment and technology giant to issue and manage a dollar-denominated stablecoin…
Morgan Stanley Targets Ethereum and Solana ETF Market Share Amid Intensifying Fee Competition
Key Takeaways Morgan Stanley’s ethereum and solana filings extend the bank’s proprietary crypto ETF strategy beyond its existing Bitcoin fund. The proposed pricing suggests crypto ETFs are shifting from product novelty toward competition for investor assets. Both trusts would include…
Kraken launches AI investing assistant to challenge traditional advisors
Kraken has launched an AI-powered investing assistant that delivers personalized portfolio recommendations and market insights while keeping final trading decisions in users’ hands. Summary Kraken has launched an AI investing assistant that delivers personalized portfolio recommendations while requiring user approval…
Anti-Sangla ATM! Chinabank To Let Workers Borrow From Their Salary Before Payday
China Banking Corp. (Chinabank) announced that it has partnered with financial technology company Paywatch to launch Earned Wage Access Plus (EWAP), a digital solution allowing employees to withdraw a portion of their earned salaries before their scheduled payday. Platform Mechanics…
EURC’s Record Network Growth Could Signal a Major Shift in Europe’s Crypto Economy
EURC’s biggest-ever surge in addresses and wallets highlights rising interest in regulated euro stablecoins. Euro Coin (EURC) saw a sharp increase in on-chain activity as both daily active addresses and new wallet creation reached all-time highs in its four-year…
Backpack challenges Wall Street with 24/7 tokenized US stocks
Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant…
Why Bitfinex Is Warning Investors About the Yen Carry Trade
Key Takeaways The yen dropped to historic lows, raising policy tightening fears that threaten global crypto liquidity. Bitfinex flagged the yen carry trade as a macro risk, warning a sharp reversal will hit BTC and ETH. Japan spent $73B on…
