California Crypto Licensing Rules Take Effect Under DFAL
California’s Digital Financial Assets Law licensing requirement took effect July 1, requiring many crypto businesses serving residents to be licensed or have a completed application on file.
Author: Crypto Payments News Desk
Cloudflare Unveils x402 Gateway for Stablecoin Micropayments
Cloudflare announced a planned gateway that will let customers charge for web resources through x402, with stablecoin settlement and payment checks at the edge.
MetaMask Launches Money Account for Stablecoin Yield and Card Spending
MetaMask launched a unified mUSD balance that combines variable DeFi yield, wallet trading and spending through its Mastercard-linked card.
Open Standard Unveils Open USD With 140-Plus Partners
Open Standard announced Open USD, a planned dollar stablecoin with shared governance and reserve economics backed by more than 140 payments, banking and technology partners.
BNY Adds USDC Mint-and-Burn Services to Institutional Custody
BNY is adding USDC custody, transfers, minting and redemption through an expanded Circle relationship, linking bank cash and stablecoin operations.
JPMorgan Adds Five Asia-Pacific Currencies to Kinexys Settlement Network
JPMorgan expanded Kinexys Blockchain Deposit Accounts to eight currencies, extending its bank-deposit settlement network across five Asia-Pacific markets.
SQRIL Expands Stablecoin QR Payments Into Central Asia
SQRIL announced stablecoin-funded QR payment support in Uzbekistan, Kazakhstan and Kyrgyzstan, extending its local-rail model into Central Asia.
India and Seychelles Sign UPI Deployment Agreement
India and Seychelles signed an agreement to deploy UPI infrastructure, opening a new implementation track for account-based digital payments.
Florida Enacts Stablecoin Issuer Rules and Fee-Payment Pilot
Florida approved a state stablecoin issuer framework and a pilot that can let businesses pay regulatory fees in qualifying dollar-backed tokens.
BingX Announces Crypto Spending Card With Mobile-Wallet Support
BingX has announced a crypto-linked payment card with spending, ATM withdrawal, rewards, Apple Pay and Google Pay features.
UK Board Opens Consultation on Next-Generation Retail Payments
The UK Retail Payments Infrastructure Board is seeking input on a next-generation platform spanning account-to-account, cross-border and digital-money payments.
Spark Moves $150M to Uniswap for Stablecoin FX Layer
Spark and Uniswap have launched a shared stablecoin liquidity layer with about $150 million across USDS-USDT and USDS-PYUSD pools.