OFAC Adds Iran’s Digital Asset Sector to Sanctions Framework
A new sectoral determination broadens OFAC’s authority to target foreign parties operating in or supporting Iran’s digital asset economy.
Author: Crypto Payments News Desk
Pakistan Opens Crypto Licensing Portal With Sept. 5 Deadline
Pakistan has opened applications for virtual-asset licences, NOCs and its regulatory sandbox, with a Sept. 5 deadline for transitional providers.
SBI Leads Fasset Series C as Stablecoin Banking Plans Expand
SBI is deepening its investment in Fasset as the companies plan a Malaysian digital bank and wider distribution of Fasset-issued tokens.
Banks Test Post-Quantum Wallets in Cross-Regional Pilot
Bison Bank and DK Bank will test post-quantum wallet creation and transfers while three financial regulators initially participate as observers.
MoonPay Adds Cash App Pay to US Crypto Checkout
Eligible US customers can now fund digital-asset purchases through MoonPay using Cash App Pay, including at a group of partner wallets and apps.
Bitcoin.com Plans USDU Support in Self-Custodial Wallet
Bitcoin.com plans to add UAE-registered USDU to its self-custodial wallet, initially supporting storage and transfers while other functions remain pending.
Binance Agent OS Gives AI Controlled Access to Trading and Payment Tools
Binance has opened selected trading, wallet and payment functions to compatible AI agents through isolated subaccounts and user-granted permissions.
OCC Targets November for Final GENIUS Act Stablecoin Rule
Comptroller Jonathan Gould said the OCC aims to issue its final payment-stablecoin rule by November and begin processing applications in the new year.
CFTC Starts Exploring Crypto Market Rules as CLARITY Fallback
CFTC Chair Michael Selig has directed staff to explore an agency-led crypto market structure if Congress does not pass the CLARITY Act.
Nexo Australia Adds Crypto-Backed Credit via Licensed Structure
Nexo Australia has launched crypto-backed credit lines with AUD or stablecoin payouts through an Australian licensed-credit structure.
Rapid7 Finds Crypto Phishing Pipeline Built Around 885,000 Phone Numbers
Operation ASTERIX combined account checks, fake support messages, calls and counterfeit wallet apps to target cryptocurrency users.
FASB Proposal Sets a High Bar for Stablecoins as Cash Equivalents
A FASB proposal would let some stablecoins qualify as cash equivalents only when holders have direct redemption rights and reserves meet strict conditions.