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US crypto exchange Coinbase has applied for a license to offer broader payments and custody services, aiming to bridge the gap between crypto and traditional finance. The exchange aims for National Trust Company Charter status, which would give it more authority to hold customer assets, process payments, and offer some financial services. ”The charter would continue to open up opportunities for Coinbase to launch new products beyond custody, including payments and related services, with the confidence of regulatory clarity,” it said in a statement. Coinbase clarified that “it has no intention of becoming a bank,” saying that the license is part of its broader strategy “to bridge the gap between the crypto economy and traditional financial system.” Coinbase shares climbed 2% on the news, according to Google Finance. Coinbase share price (Source: Google Finance)  Is Coinbase Hedging Against ‘Debanking?’ The move could also b...

Visa’s stablecoin launch plans are now confirmed, and the payments giant is actually integrating digital currencies into its massive $15.7 trillion network. At SIBOS 2025, Visa declared a pilot program of stablecoin prefunding via Visa Direct and the new program is expected to modernize the cross-border payments as well as provide liquidity to businesses worldwide. The Visa stablecoin launch is in fact a solution to the slow and expensive international transfers that has been haunting the financial system quite long enough now. Visa Direct stablecoin business funding announcement – Source: Visa Visa Stablecoin Launch Set to Boost Cross-Border Payments and Adoption Source: CNBC The launch of Visa stablecoin allows financial institutions to pre-fund Visa Direct account using stablecoins rather than using traditional fiat currency. This new strategy of stablecoin adoption 2025 is to use digital assets as ”money in the bank” to get instant payouts and even removes t...

Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe’s payment services and the stablecoin USDC. Stripe’s payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project. Circle chief executive Jeremy Allaire says the new development is part of the stablecoin company’s efforts to scale USDC. “USDC + CCTP + Aptos = high-performance, very powerful programmable money infrastructure. Excited for the upcoming launch!” Stripe reemerged in the crypto sector last month when it rolled out support for USDC settlements. The payments giant previously enabled payments made using Bitcoin (BTC) until 2018, when the firm discontinued its support, citing BTC’s lack of utility as a payments rail. Aptos’ native token, APT, is trading at $11.98 at time of writing. The 27th-ranked crypto asset by market cap is down nearly 1% in the past 24 hours bu...

Central bank digital currencies will change how money works worldwide. A new Juniper Research study shows their use will grow by 2,430% in seven years. Their report says CBDC payments will rise from 307.1 million in 2024 to 7.8 billion by 2031. Source: Global CBDCs & Stablecoins Market: 2024-2031 Study Banks want this growth to protect their control over money from card companies and stablecoins. This growth in digital currency significantly changes how we handle payments. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares Exploring the Future: CBDC Surge, Market Impact, and Financial Revolution Record-Breaking Global Adoption Source: AtlanticCouncil CBDC Tracker More countries now use central bank digital currencies than ever before. The number jumped from 35 in May 2020 to 134 countries today. These nations make up 98% of the world’s money. The study shows that 66 countries are in the late stages of CBDC development. All G20 nations have joined in. Right now, 44...

In a recent regulatory development, the European Union (EU) has voted to ban cryptocurrency payments to “hosted wallets” using unidentified self-custody crypto wallets. This decision is part of a set of new anti-money laundering laws (AML) in the continent. The majority of the EU Parliament’s lead commission approved the prohibition on March 19, according to Patrick Breyer’s post. Notably, Dr. Breyer is a member of the European Parliament for the Deutsch Piraten Partei and one of the two leaders who opposed this approval. Gunnar Beck was the other Parliament member who voted against it, representing the Alternative for Germany (AfD) party. Picks for you Robert Kiyosaki blasts BTC skeptic Peter Schiff for knowing ‘a lot about a little’ 4 hours ago Finance legend Ray Dalio advises for 3 stages of life 5 hours ago Claude Opus AI predicts SHIB price for the end of 2024 6 hours ago Buy signal for 2 strong cryptocurrencies in April 8 hours ago ...