Crypto Payments
PayPay, operated by SoftBank, is integrating with Binance Japan as it prepares for an anticipated U.S. IPO in December; the move ties a mainstream payments app to a major crypto exchange. SoftBank also backs one of the world’s top 10 public Bitcoin holders.
Bitcoin Depot is launching operations in Hong Kong and Taiwan, aiming to become a top-five Bitcoin ATM operator in the region and broaden retail on-ramps for BTC.
Coinbase is rolling out Coinbase Business in Singapore through a partnership with Standard Chartered, enabling startups and SMBs to make fast USDC payments, settle internationally, and access crypto finance tools. The tie-up aims to link bank rails with on-chain flows to lower friction for cross-border commerce.
Wirex and EMURGO unveiled the Cardano Card — a multichain payments card built into the Wirex app that supports over 685 cryptocurrencies, including ADA, BTC, ETH and USDC. The move aims to simplify crypto-to-fiat spending and broaden Cardano’s everyday utility.
Western Union, collaborating with Anchorage Digital Bank, plans to introduce USDPT on the Solana blockchain to enhance money transfer options for customers. This move combines traditional financial services with blockchain technology for faster and more efficient transactions.
Citi Ventures has invested in BVNK to help scale its stablecoin infrastructure, marking a significant step in institutional adoption amidst growing regulatory clarity. BVNK processes over $20 billion annually and is poised to lead in the multi-trillion-dollar stablecoin payments market.
Samsung Electronics and Coinbase have partnered to enable Galaxy users to buy cryptocurrencies directly via Samsung Wallet using Samsung Pay. The collaboration offers new users a $25 credit, a 3-month free Coinbase One subscription, and seamless crypto management for over 75 million users in the U.S.
Wyoming has introduced a new stablecoin aimed at providing instant transaction capabilities and reduced fees for both consumers and businesses. This marks a significant step in enhancing crypto usability in everyday transactions.
Kraken obtains Restricted Dealer registration under Ontario Securities Commission rules, bolsters compliance, appoints Cynthia Del Pozo for North America, and launches free Interac e-Transfer deposits to support Canadian crypto investors.
The U.S. cryptocurrency regulatory landscape is poised for significant changes in 2025, with new directions expected to impact the industry. Meanwhile, Australia's ASIC has issued draft updates to INFO 225 and CP 381 to adapt to evolving crypto markets. Learn more about these developments and how platforms like Bitlet.app can help you navigate the regulatory environment while accessing crypto services like flexible payments.