YouTube has rolled out a payout feature for U.S. creators that routes their revenue share through PayPal and allows them to choose PayPal’s PYUSD stablecoin instead of traditional fiat, reflecting Big Tech’s growing use of regulated stablecoins for faster, programmable creator payments. Read More
The U.S. Office of the Comptroller of the Currency has issued Interpretive Letter 1188 confirming that national banks may conduct “riskless principal” crypto‑asset transactions, allowing them to match client buy and sell orders in Bitcoin and other digital assets without taking market risk, and effectively bringing regulated banks directly into the crypto brokerage business. Read…
Following community concerns over a wallet linked to a former worker, Hyperliquid has introduced a zero‑tolerance rule that stops all current employees, contractors and team members from trading the HYPE token or related derivatives. The derivatives exchange says the move is meant to prevent conflicts of interest, align with traditional finance‑style insider‑trading standards and reassure…
SWIFT has confirmed that it is developing a blockchain‑based shared ledger in partnership with more than 30 leading banks from 16 countries, using a prototype built with Consensys to enable real‑time, round‑the‑clock cross‑border payments. The new infrastructure is designed to move regulated tokenized value – including tokenized deposits, securities and potentially CBDCs or stablecoins –…
Digital payments leader PayPal has submitted applications to Utah regulators and the FDIC to create PayPal Bank, an industrial loan company that would let it offer FDIC‑insured savings accounts and expand its in‑house small‑business lending, reducing reliance on partner banks and deepening its role in the U.S. financial system. Source: Bloomberg
In a new update, Strategy said it has topped up its recently created USD reserve by 748 million dollars through fresh equity sales, lifting its cash buffer to roughly 2.19 billion dollars. The reserve is designed to cover dividends and debt service so the firm is not forced to sell any of its 671,268 bitcoin…
