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Found 29 items · updated 12:21 AM
Oct 17Sat
  1. Payments DiveSource summary71

    Visa and Mastercard urge court to approve swipe fee settlement

    Visa and Mastercard filed a joint response with the court, urging approval of a swipe fee settlement involving more than 12 million merchants. The final approval hearing is scheduled for November 16. The agreement would reduce credit card interchange fees by 10 basis points, set a 1.25% rate for standard consumer cards, and allow merchants to decline some high-fee Visa and Mastercard premium and commercial credit cards. Walmart and several merchant groups oppose the proposal, while Visa and Mastercard said the objections repeat arguments the court previously rejected.

    推荐理由：The filing presents the settlement’s rate adjustments, merchants’ right to decline some high-fee cards, and the main opposing parties, helping explain the litigation’s impact on merchant costs and card network rules.

Oct 16Fri
  1. CoinDeskSource summary73

    Circle plans to expand into about 50 emerging and developing markets

    Circle plans to enter about 50 emerging and developing markets to meet growing demand for digital dollar payments in Southeast Asia, Latin America and the Middle East. USDC circulation is approximately $72.6 billion, accounting for about a quarter of the stablecoin market; Circle will also support its expansion through the acquisition of Tazapay, the launch of the Arc blockchain and approval for a US federal trust bank. The article also notes that AI agents are increasingly using USDC for micropayments.

    推荐理由：The article places Circle’s market expansion alongside the acquisition of Tazapay, the Arc blockchain and approval for a US federal trust bank, presenting the path for USDC’s shift from crypto trading toward payments and cross-border remittances.

Oct 15Thu
  1. CryptopolitanSource summary81

    Russia will stop personal P2P cryptocurrency transactions in July 2027, with 11 institutions licensed

    The Central Bank of Russia has clarified that P2P cryptocurrency transfers between individuals may only be conducted until July 1, 2027; after that, digital currencies must be transferred through approved custodial wallets. The Central Bank of Russia has authorized 11 institutions to conduct cryptocurrency trading business, including Sberbank; at present, the only assets available for retail investors to trade are Bitcoin, Ethereum, and Tether’s USDT.

    推荐理由：The article outlines Russia’s transition from personal P2P transfers to licensed custody and trading, and lists authorized institutions including Sberbank, as well as the range of assets available for retail trading.

  2. CryptopolitanSource summary75

    Payward plans to acquire Saldo Bank to obtain an EU banking license

    Payward has signed an agreement to acquire Finnish holding company Saldo Finance Oy, which owns Saldo Bank UAB, to obtain an EU banking license. The transaction still requires regulatory approval and is expected to close in 2027; following the acquisition, it plans to offer deposits, lending and SEPA euro payments in five markets, while opening banking-as-a-service tools such as card issuance to fintech companies.

    推荐理由：The acquisition links the parent company of a crypto trading platform’s entry into EU banking with its existing market coverage and plans for deposits, lending and SEPA payments in a single transaction, with regulatory approval as a prerequisite for completion.

  3. CryptopolitanSource summary71

    OCC says U.S. large banks restricted services to crypto firms and conditionally approved trust bank charters for 5 crypto companies

    An OCC report said that from 2020 to September 2025, 9 large U.S. banks had restricted services to crypto firms and customers in other lawful industries. The report listed digital assets as a restricted industry but provided no specific crypto examples, and OCC said it was unable to measure how widespread such practices were.

    推荐理由：The report places large banks’ reputational risk policies and restrictions on services to crypto firms in the same regulatory context, and contrasts them with OCC’s conditional approval of trust bank charters for crypto companies.

  4. CryptopolitanSource summary78

    Polygon Labs completes acquisition of Coinme, with approximately 6,000 crypto ATMs to be gradually shut down

    Polygon Labs has completed its acquisition of Coinme, gaining money transmitter licenses in 37 states, 11 exemptions, and FinCEN MSB registration, expanding its regulated payments coverage to 48 U.S. states. These credentials will be integrated into Open Money Stack, which brings fiat on- and off-ramps, wallets, cross-chain routing, and settlement into a single integration. Businesses can use stablecoins to hold or settle funds and pay recipients in their local currency.

    推荐理由：The material presents both the expansion of licenses and the compliance disposition, allowing readers to see the regulatory constraints that accompany Polygon’s efforts to complete its payments infrastructure through the acquisition.

  5. Banking DiveSource summary75

    Rain, MassPay and other stablecoin startups advance payment applications

    Stablecoin startups including Rain and MassPay are bringing digital assets into everyday payments, using connections to traditional payment rails, real-time payment systems and mobile wallets to facilitate sending and receiving funds. Rain launched a digital wallet for stablecoin balances this week, supported by its card-issuing infrastructure, and plans to offer a custodial wallet by year-end. MassPay, meanwhile, serves about 300 businesses and processes tens of billions of dollars annually, with approximately 10% completed in stablecoins and about half involving cross-border payments.

    推荐理由：The article compares Rain’s stablecoin payment infrastructure with MassPay’s payout connectivity, and provides customer, geographic and processing-scale details to help assess how stablecoins are being integrated into everyday payments.

Oct 14Wed
  1. CoinDeskSource summary74

    Kraken parent company Payward agrees to acquire Lithuania’s Saldo Bank, expanding its EU banking business

    Kraken parent company Payward has agreed to acquire Lithuania’s Saldo Bank. The transaction value was not disclosed, and upon completion, Payward will obtain an EU banking license. The deal still requires regulatory approval and is expected to close in 2027; Payward will thereby be able to offer EU customers interest-bearing deposits, loans, bank card services and euro payments.

    推荐理由：The acquisition will extend Payward’s business into EU banking services, with the materials listing deposits, loans, bank card services and euro payments among the services it plans to offer local customers.

  3. Fintech News Hong KongSource summary80

    Visa approved by the People’s Bank of China to prepare a domestic bank card clearing institution

    Visa has received approval from the People’s Bank of China to prepare a bank card clearing institution in China, allowing it to formally begin the establishment process, but it has not yet been authorized to conduct clearing operations. Visa still needs to complete the subsequent steps stipulated by the People’s Bank of China before it can begin domestic bank card clearing operations.

    推荐理由：The approval distinguishes between eligibility to prepare the institution and formal authorization to conduct clearing operations, and explains the regulatory steps Visa still needs to complete before entering China’s domestic bank card clearing market.

  4. CoinDeskSource summary74

    Philippines’ largest crypto exchange Coins.ph reportedly faces central bank regulatory action

    Two people familiar with the matter said the Bangko Sentral ng Pilipinas is taking regulatory action against crypto exchange Coins.ph over alleged violations involving the provision of services to offshore gambling platforms, which could, in serious cases, lead to the revocation of its license. Earlier this month, the Bangko Sentral ng Pilipinas reportedly restricted deposits to the exchange through its main wallet operator, DCPay Philippines, and several compliance executives also left this year. Coins.ph has more than 18 million customers and controls approximately 75%-80% of the Philippines’ peso-to-stablecoin liquidity.

    推荐理由：The report links the licensing risk, restrictions on deposits through DCPay and the departures of compliance team members, helping readers understand the potential regulatory impact on the Philippines’ crypto trading and stablecoin liquidity.

  5. Fintech NewsSource summary82

    Visa approved to begin preparations to establish an onshore bank card clearing institution in China

    Visa has received approval from the People's Bank of China (中国人民银行) for its Application to Prepare, formally commencing preparations to establish an onshore bank card clearing institution in China. The approval only allows Visa to advance preparations in accordance with the requirements of the People's Bank of China; Visa must still complete the relevant procedures before it can conduct onshore bank card clearing business in China.

    推荐理由：The approval distinguishes authorization to prepare from formal operations, while the materials also explain the regulatory procedures Visa must still complete to enter China's onshore bank card clearing market.

  6. Payments DiveSource summary73

    Visa wins Chinese government approval to prepare to provide bank card clearing services in China

    Visa said it has received approval from the Chinese government for its application to prepare to provide bank card transaction clearing services in China, and will continue to complete the subsequent procedures in accordance with relevant regulations of the People's Bank of China. Mastercard was approved to operate in China in 2023 and began processing payments made with bank cards issued by Chinese banks in 2024 through a joint venture established with a Chinese partner. The two US card networks will still face competition from UnionPay in China's domestic market.

    推荐理由：Visa's approval to prepare to provide bank card clearing services in China, along with Mastercard's earlier progress and the competitive landscape involving UnionPay, makes this worth watching.

Oct 13Tue
  1. CoinDeskSource summary78

    Sberbank Approved to Join Russia’s Crypto Trading Register

    Russia’s largest bank, Sberbank, has joined Bank of Russia’s register of crypto trading service providers and plans to open crypto trading to all customers on December 1. The bank has tested BTC, ETH and USDT trading in its app while also advancing its digital custody and crypto wallet businesses. Crypto payments remain prohibited in Russia, and from July 2027, related transactions must be conducted through registered intermediaries.

    推荐理由：The registration brings Sberbank’s trading and digital custody businesses into Russia’s regulated market, while also showing the regulatory boundary between opening access to customers and maintaining a ban on payments.

  2. PYMNTSSource summary77

    Visa receives approval from the People's Bank of China to prepare domestic bank card clearing business in China

    Visa has received approval from the People's Bank of China for its Application to Prepare, allowing it to begin preparations for a domestic bank card clearing business in China. The approval is a preparatory milestone for Visa's entry into China's domestic payments market, but does not mean it has begun operations in China; Financial Times said Visa has attempted to establish such a business since 2015.

    推荐理由：The People's Bank of China's approval is a preparatory license rather than formal authorization to operate, clarifying the stage Visa has reached in entering China's domestic payments market.

Oct 12Mon
  1. CoinDeskSource summary73

    FSB calls for stronger cross-border information sharing and stablecoin crisis response plans

    The Financial Stability Board (FSB) warned that global stablecoins and national regulatory frameworks have not yet been tested by a severe market crisis, potentially exposing cross-border gaps in redemptions, reserve transfers and the recovery of holders’ funds. The FSB recommended strengthening cross-border information sharing and monitoring, as well as contingency planning for stablecoin distress or failure; stablecoin market capitalization has risen from approximately $206 billion at the beginning of 2025 to $306 billion. The recommendations are not legally binding, but members typically commit to implementing common standards domestically.

    推荐理由：The report outlines the challenges posed by multi-issuer structures, cross-border reserve transfers and 24/7 trading, helping explain why stablecoin crisis management requires cross-border coordination.

  2. Payments Cards & MobileSource summary74

    Mastercard to introduce offline payment requirements for bank cards in Europe

    Starting in February 2027, Mastercard will require newly issued credit and debit cards in Europe to support offline payments, and from May will require new and replacement terminals at key retailers to support the functionality. When there is no network connection, terminals can locally approve transactions within a maximum limit of €200 based on spending parameters preset by the card issuer in the card’s chip; once the connection is restored, the transactions will be submitted for clearing. The feature applies to essential spending scenarios including supermarkets, grocery stores, gas stations, pharmacies, and travel or ticketing terminals.

    推荐理由：Offline transactions are approved locally by the chip based on parameters preset by the card issuer, then submitted for clearing once the connection is restored. The article also lists the phased implementation dates for bank cards and key retail terminals.

Oct 10Sat
Oct 9Fri
  1. CryptopolitanSource summary70

    Securitize launches tokenized stocks backed by real shares on Solana

    Securitize has launched Securitize Stocks, allowing eligible investors in the US, EU and other approved jurisdictions to trade 12 tokens backed by real stocks on Solana, with trades settled in USDC. Token holders may receive dividends and voting rights corresponding to the relevant stock class, but will not be registered as shareholders of the issuing company unless the tokens are converted into shares; trading is currently available during extended US market hours, with 24/7 trading planned for the future.

    推荐理由：The product combines real-stock backing, securities entitlements under UCC Article 8 and on-chain trading, while the rights of holders and their status as registered shareholders remain clearly delineated.

Oct 7Wed
  1. CryptopolitanSource summary86

    Bank of Russia approves first 4 crypto trading platforms and 5 digital custody institutions

    Bank of Russia has approved 9 institutions to enter the regulated crypto market, with 4 authorized to operate as digital currency trading platforms and 5 authorized to provide digital custody services, making them the first participants in the two official registries. Sberbank and VTB received digital custody licenses, while VTB was also authorized to conduct cryptocurrency trading. All crypto transactions, including transfers to overseas wallets, must be completed through Russian licensed intermediaries, and the relevant institutions must fully comply with the regulatory framework no later than 2027年9月1日.

    推荐理由：The article outlines the composition of Russia’s first digital currency trading and custody institutions, the compliance deadline, and requirements for transfers to overseas wallets, making it easier to understand how the new regulatory framework will be implemented.

  2. CoinDeskSource summary75

    Rain applies for OCC national trust bank charter to custody digital assets and manage stablecoin reserves

    Rain has applied for an OCC national trust bank charter and plans to use its New York subsidiary to custody digital assets and USD for institutional clients, manage stablecoin reserves, and provide issuance and redemption services for USD stablecoins. The proposed bank will not accept deposits, issue commercial loans, or offer consumer accounts, and will not have FDIC insurance. Client assets will be segregated from the bank’s own assets. The application still requires OCC approval and a public comment process, and has faced opposition from traditional banking groups.

    推荐理由：The materials set out the proposed bank’s business boundaries, client asset segregation arrangements, and the regulatory approval and industry litigation background, making it easier to assess the constraints on the chartering path.

  3. PYMNTSSource summary60

    Rain申请OCC批准设立全国性信托银行

    Rain已向OCC申请设立Rain National Trust Bank（RNTB），拟将合作方项目的资产托管、储备管理及稳定币发行和赎回纳入联邦监管框架。若获批，RNTB将作为独立子公司，在OCC监督和检查下提供受托资产托管及稳定币发行和赎回，Rain仍是支付平台。ICBA已就数字资产公司申请全国性银行牌照时可能面临较少审查起诉OCC。

Oct 6Tue
Oct 3Sat
Oct 2Fri
  1. Plaid BlogSource summary67

    Plaid Guaranteed Payments 更新工具让客户获批金额提升超过 22%

    Plaid 发布 Guaranteed Payments 秋季更新，客户在过去一个季度的获批金额较基线提升超过 22%。更新加入自定义用户属性、每笔交易刷新设备账户和行为信号，以及部分金额保障和延迟保障。该产品运行在 Signal 与 Protect 之上，前者训练于 $311B 交易，后者覆盖 1 billion 台设备和 500M+ 个关联账户。

    推荐理由：这次更新把用户属性、交易时更新的设备与行为信号及分段保障纳入决策，展示了提升支付批准率的几种产品化路径。

Sep 26Sat
Aug 21Fri
Aug 5Wed