Cut off from traditional dollar rails, Venezuela is increasingly using dollar-pegged stablecoins for payments, remittances and savings. The shift highlights stablecoins' practical role as cross-border payment rails while raising regulatory and compliance questions.
RAKBank has received in-principle approval from the UAE Central Bank to issue a dirham-backed stablecoin, bringing a local bank into the country’s intensifying stablecoin competition. The move underscores growing regulator support for regulated fiat-pegged tokens in the UAE.
After a technical change in guidance on Jan. 5, Bank of America advisers publicly endorsed Bitcoin, marking a notable mainstream shift — but the recommended allocation is very small and left some investors underwhelmed.
Morgan Stanley filed on Jan. 6, 2026 to launch an exchange-traded fund designed to track the price of bitcoin (BTC), marking another major bank moving into spot crypto products.
Forty-nine crypto exchanges have registered with India's Financial Intelligence Unit (FIU-IND) under the country's new anti-money laundering framework, as regulators levy INR 2.8 billion in penalties and warn that offshore platforms will be blocked if they remain non-compliant.
Crypto.com has become the first firm to receive a conditional Virtual Asset Service Provider license from the Cayman Islands Monetary Authority, marking a regulatory milestone that could expand its services in the jurisdiction.
Gemini Trust and the parent company of Crypto.com contributed a combined $21 million to a pro-Trump PAC in September and October, ahead of the U.S. midterm elections. The moves mark a notable instance of major crypto firms engaging in high‑stakes political spending.
Goldman Sachs says clearer regulation and growing real-world crypto applications will drive greater institutional involvement beyond trading. The bank highlights compliance frameworks and tokenized assets as key enablers for banks, asset managers, and custodians.
Binance has introduced new procedures for global users after securing three licenses from Abu Dhabi Global Market (ADGM), marking a step toward a more regulated international footprint.
PwC is exploring stablecoins to streamline payments in its audit and consulting services as U.S. policy shifts and stablecoin use accelerate. The initiative aims to boost efficiency, speed cross-border settlement, and improve transaction traceability for clients.