Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
417 stories in Crypto · Updated live
Revolut Secures Conditional OCC Approval for US National Bank Charter Targeting 2027 Launch
Revolut has received conditional approval from the OCC for a national bank charter, aiming to launch Revolut Bank US, N.A. in the first half of 2027. This approval comes as the fintech sector experiences favorable regulatory changes in the US, allowing Revolut to expand its services directly in the market. The long-term implication is a potential shift in the competitive landscape of US fintech and crypto banking, as Revolut plans to offer a range of financial products including crypto and stablecoin services.
FinCEN Links $12.7 Billion in Digital Asset Scams to Southeast Asian Criminal Networks
The U.S. Treasury's FinCEN has identified approximately $12.7 billion in suspected digital asset scams linked to transnational criminal organizations in Southeast Asia. This surge in fraudulent activity is attributed to the exploitation of weak enforcement mechanisms and social engineering tactics targeting U.S. victims. In the long term, this may prompt increased international cooperation and regulatory measures to combat such scams and enhance financial institution vigilance.
SoFi and Payward Partner for 24/7 Crypto Settlement and SoFiUSD Listing
SoFi Technologies and Payward announced a strategic partnership to integrate SoFi’s banking infrastructure with Kraken’s trading services. This collaboration is driven by the need for continuous crypto market operations that align with traditional banking services. The long-term implication is an expanded market access for SoFiUSD, enhancing SoFi's crypto offerings to its 15 million members and potentially leading to further financial product innovations.
Sberbank to Accept USDT and Ethereum as Loan Collateral Pending Regulatory Approval
Sberbank has announced plans to accept USDT and Ethereum as collateral for loans, contingent on the Bank of Russia's regulatory framework set to take effect on September 1, 2026. This development follows Russia's gradual shift towards the legalization of digital assets and reflects growing institutional interest in cryptocurrencies. If approved, this move could significantly enhance the integration of cryptocurrencies into the Russian financial system and influence global market sentiment towards stablecoins and Ethereum.
Latest Stories
Revolut Secures Conditional OCC Approval for US National Bank Charter Targeting 2027 Launch
Revolut has received conditional approval from the OCC for a national bank charter, aiming to launch Revolut Bank US, N.A. in the first half of 2027. This approval comes as the fintech sector experiences favorable regulatory changes in the US, allowing Revolut to expand its services directly in the market. The long-term implication is a potential shift in the competitive landscape of US fintech and crypto banking, as Revolut plans to offer a range of financial products including crypto and stablecoin services.
FinCEN Links $12.7 Billion in Digital Asset Scams to Southeast Asian Criminal Networks
The U.S. Treasury's FinCEN has identified approximately $12.7 billion in suspected digital asset scams linked to transnational criminal organizations in Southeast Asia. This surge in fraudulent activity is attributed to the exploitation of weak enforcement mechanisms and social engineering tactics targeting U.S. victims. In the long term, this may prompt increased international cooperation and regulatory measures to combat such scams and enhance financial institution vigilance.
SoFi and Payward Partner for 24/7 Crypto Settlement and SoFiUSD Listing
SoFi Technologies and Payward announced a strategic partnership to integrate SoFi’s banking infrastructure with Kraken’s trading services. This collaboration is driven by the need for continuous crypto market operations that align with traditional banking services. The long-term implication is an expanded market access for SoFiUSD, enhancing SoFi's crypto offerings to its 15 million members and potentially leading to further financial product innovations.
Sberbank to Accept USDT and Ethereum as Loan Collateral Pending Regulatory Approval
Sberbank has announced plans to accept USDT and Ethereum as collateral for loans, contingent on the Bank of Russia's regulatory framework set to take effect on September 1, 2026. This development follows Russia's gradual shift towards the legalization of digital assets and reflects growing institutional interest in cryptocurrencies. If approved, this move could significantly enhance the integration of cryptocurrencies into the Russian financial system and influence global market sentiment towards stablecoins and Ethereum.