Newsazenplay.comCiti and Coinbase announced an expanded collaboration linking bank-based payment services with digital-asset rails. The arrangement includes virtual accounts that can convert incoming fiat to stablecoins and a payment-acceptance platform for institutional clients accepting stablecoin transactions.
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The United Kingdom sanctioned five cryptocurrency and payment platforms, including Cryptomus, Heleket, VexPay, TokenSpot and Tsunami Payments. The action alleged that the platforms helped Russia evade financial sanctions.
Brazil has directed banks, payment apps and other financial institutions not to process, settle or facilitate transactions for fixed-odds betting operators. Central Bank rules cover Pix, TED transfers and boleto payments, while crypto on-ramps and virtual-asset providers remain within the regulated…
CDP Venture Capital led a EUR 23 million investment in TrueLayer alongside existing and new investors. TrueLayer provides pay-by-bank services that let customers make real-time account-to-account payments through European open-banking infrastructure.