Business
Visa is reportedly in talks to buy Fireblocks for about $2.5bn
Axios reports Visa is in talks to buy Fireblocks, the custody firm behind many bank crypto desks, for about $2.5bn. Nobody has confirmed it yet.
Business
Exchanges, companies and the money behind crypto.
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Kraken drops the Monero questions but keeps the $1,500 cap
Kraken's co-CEO says no rule required the questions about intended use. The $1,500 rolling 30-day withdrawal limit on XMR is untouched.
HSBC’s new stablecoin is a Hong Kong dollar token, and UK customers can’t use it
HSBC's RedCoin is a Hong Kong dollar token inside PayMe, licensed in Hong Kong. British HSBC customers get no access to it, and no date for one.
Coinbase fined €3.25m in Ireland over five years of safeguarding failures
Ireland's central bank fined Coinbase Ireland €3.25m over safeguarding and outsourcing breaches spanning nearly five years, from 2020 to 2025.
Dogecoin’s wallet, app and payments teams merge into one company
MyDoge, DogeOS and Such App are merging into Dogecoin Labs. The app layer is still on testnet and the merchant payments link is only planned.
Mesh and Visa plan to let wallets spend crypto without a card
Mesh and Visa have announced a tie-up, not a launch: no date, no markets, no named wallets. And in the UK, spending crypto is a taxable disposal.
Securitize puts Apple and Nvidia shares on Solana. Not for UK buyers
Securitize has tokenised 12 US stocks on Solana with dividends and USDC settlement. Access is limited to eligible US and EU investors, not UK retail.
Tether is being sued over $2.76m of stablecoins frozen for a year
A payments firm says Tether froze $2.76m of its USDT for over a year over a Brazilian probe it denies any link to. No court order was needed.
Bitget reopens bitcoin withdrawals four days after $387m hack
Bitget's notice reopening bitcoin withdrawals runs to two sentences and mentions neither ETH, USDT nor the $387.5m estimate it revised upward.