News Explorer — Visa to Settle Merchant Crypto Payments in USDC Over Solana

Visa has announced the expansion of its stablecoin settlement capabilities to merchant acquirers, with pilots being launched by Worldpay and Nuvei. These pilots will involve using USDC for settlements on the the Solana blockchain.

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Sep 5, 7:12 am

x.com

Visa to Settle Merchant Crypto Payments in USDC Over Solana

Visa has announced the expansion of its stablecoin settlement capabilities to merchant acquirers, with pilots being laun… Read Summary

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Sep 5, 3:13 am

Decrypt

South Korean Banking Giant Partners With BitGo, Opens Doors To Crypto

Hana Financial Group’s KEB Hana Bank has announced a partnership with crypto custodian BitGo, set to launch in late 2024… Read Summary

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Sep 5, 1:18 am

The Block

South Korea’s Hana Bank Partners With BitGo

South Korea’s Hana Bank has partnered with BitGo to develop digital asset custody services, set to launch in the second… Read Summary

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Sep 5, 12:56 am

Blockworks

Australian Senate Committee Opposes Digital Assets Market Regulation Bill

The Australian Senate Economics Legislation Committee has recommended against passing the Digital Assets Market Regulati… Read Summary

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Sep 4, 12:27 pm

Decrypt

Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares

While interest in altcoins has declined and investors have been withdrawing from crypto investment products, Solana (SOL… Read Summary

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Sep 4, 11:38 am

Decrypt

Crypto Market Might Look Calm, But It’s ‘Swimming Like Mad’ Beneath the Surface: Analyst

According to CoinShares, institutional investors are evenly split on crypto funds this week, with a meager $11.2 million… Read Summary

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Sep 4, 9:40 am

Cointelegraph

Harvard Legal Scholar Calls for Taxing the Metaverse

Harvard legal scholar Christine Kim’s research paper, “Taxing the Metaverse,” argues that the metaverse should be taxed… Read Summary

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Sep 4, 10:16 am

Decrypt

‘Crypto Can Be the Gateway to Better Financial Literacy’ Say Researchers

Researchers from the University of Connecticut have developed a Crypto Literacy Scale (CLS) to measure individuals’ know… Read Summary

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Sep 4, 8:42 am

Decrypt

Drake-Backed Crypto Casino Stake Loses $40M in ‘Suspicious Transfers’

Popular crypto betting platform Stake has reportedly lost around $40 million in funds due to an exploit. Multiple unusua… Read Summary

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Sep 4, 3:14 am

Cointelegraph

South Korea Plans Bill to Track and Freeze North Korean Crypto Funding Weapons Programs

The government of South Korea is working on a bill that aims to track and freeze North Korean crypto and virtual assets… Read Summary

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Sep 4, 4:24 am

Decrypt

London Stock Exchange Group Plans Blockchain-Powered Digital Markets Business

The London Stock Exchange Group (LSEG) is planning to launch a blockchain-powered digital markets business. LSEG aims to… Read Summary

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Sep 4, 3:22 am

Decrypt

Vitalik Buterin Sells MKR Tokens as MakerDAO Co-Founder Pushes for Solana-based ‘NewChain’

Ethereum co-founder Vitalik Buterin has sold around $580,000 worth of MakerDAO’s MKR tokens after MakerDAO’s CEO advocat… Read Summary

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Sep 4, 2:08 am

Coindesk

U.S. Spot Bitcoin ETF Approval ‘Unlikely to Prove a Game Changer’ for Crypto Market: JPMorgan Report

According to a report by JPMorgan, Grayscale’s recent court victory against the SEC may increase the likelihood of a spo… Read Summary

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Sep 4, 12:55 am

Reuters

Binance’s Global Head of Product Resigns

Binance’s global head of product and design, Mayur Kamat, has resigned amid a series of executive departures and job cut… Read Summary

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