Category: crypto

Visa Direct has launched a pilot program that allows businesses to make faster cross-border payments using stablecoins. This initiative aims to modernize treasury operations and increase liquidity for international transfers. The stablecoin industry is growing globally, with regulatory frameworks being established in the U.S., Europe, and Asia.

KGeN, a Web3 protocol focused on verified user distribution, has raised $13.5 million in a funding round led by Jump Crypto, Accel, and Prosus Ventures. This brings total funding to $43.5 million. The funds will be used to expand its Verified Distribution Protocol across 60+ countries, turning reputation into on-chain assets.

Despite the announcement of SUI futures listing on Coinbase, the SUI price barely moved, trading at $3.23 on Sept. 30. The upcoming major token unlock event and broader altcoin downturn are putting downward pressure on SUI’s price. Wall Street involvement and macroeconomic uncertainty are also impacting SUI’s price.

SBI Ripple Asia and Tobu Top Tours are teaming up to create a closed-loop payment system using unique tokens on the XRP Ledger. The platform will support travel, retail, and fan economies, with a launch planned for the first half of 2026. It aims to streamline cashless transactions and support localized economies, while also offering…

SEC suspended trading in QMMM Holdings after its stock surged 959% due to plans for a $100 million cryptocurrency treasury. Concerns of social media manipulation were raised. Nasdaq declined to comment. QMMM’s strategy includes Bitcoin, Ethereum, and Solana. The SEC also halted Smart Digital Group for similar reasons. Regulators are increasing scrutiny on companies pursuing…

OKX Singapore introduces stablecoin payments for daily purchases through GrabPay merchants across the city. The service, called OKX Pay, allows customers to spend USDT and USDC with instant SGD settlement via StraitsX. This initiative aligns with Singapore’s digital payments framework and integrates stablecoins into mainstream payments, bridging the gap between digital and traditional finance.

Wisconsin lawmakers introduced Assembly Bill 471 to exempt crypto mining, staking, and non-fiat digital asset transactions from money transmitter licenses. The bill aims to fast-track innovation, reduce regulatory uncertainty, and support blockchain-based services. It must pass through committees and chambers before reaching the governor for final approval. Wisconsin has shown openness to digital asset innovation…

TokenWorks’ NFT Strategy tokens have been listed on OpenSea, allowing traders to combine DeFi with NFTs. The tokens, like Punk Strategy, offer automated trading strategies for specific NFT collections. OpenSea has added a rewards pool for select tokens, with Punk Strategy already generating a market cap of $87.2 million since its launch.

BitMine is aggressively increasing its ETH holdings with a recent purchase of 25,369 ETH worth $127 million, aiming to control up to 5% of Ethereum’s circulating supply. BitDigital is also expanding its ETH reserve with a $100 million convertible note offering, signaling growing institutional competition in ETH treasuries.

The SEC has cleared DoubleZero’s DePIN tokens, confirming they are not subject to U.S. securities laws. The tokens are used to incentivize network participation and reward contributors for physical infrastructure. The decision is seen as a win for innovation in decentralized networks, with Commissioner Peirce highlighting the distinction from traditional securities.