By Olivia Stephanie from crypto.news Russia’s regulated crypto trading market could process between 3.5 trillion and 4 trillion rubles during its first year, according to an Aug. 29 forecast from SberCIB Investment Research. The upper estimate equals approximately $46.43 billion at the exchange rate used by TASS. Sberbank Deputy Chairman Anatoly Popov said the annual
By Olivia Stephanie from crypto.news Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Paymentscan recorded more than $1 billion in card spending during July 2026, making it the largest month in its tracked dataset. Three years earlier, the industry processed approximately $60,000 per
By Lawrence Mondal from crypto.news A regional UK police force has seized 20.21 Bitcoin and other assets valued at more than $1.4 million after tracing the funds to darknet marketplaces active between 2016 and 2019. UK police recover 20.21 Bitcoin and other assets Avon and Somerset Police said on Aug. 27 that its Financial Investigation
By Andrew Folkler from crypto.news The Wall Street Journal reports that JPMorgan Chase is exploring a public stablecoin separate from its existing JPM Coin deposit token while 39 state banking associations form the BankChain Alliance and target a 2027 blockchain launch. The GENIUS Act gave banks the legal rails they needed. The question is no
By Lawrence Mondal from crypto.news Cardone Capital has added about 1,200 BTC and 2,000 multifamily units to its real estate-backed Bitcoin strategy, increasing both assets held across its private investment vehicles. Grant Cardone said in an X post on Aug. 28 that his $5.3 billion real estate investment firm was “doubling down” on its multifamily
By Rony Roy from crypto.news Tokenized deposits have raised concerns that faster movement of bank money could reduce U.S. banks’ capacity to fund long term loans by hundreds of billions of dollars if the technology reaches widespread adoption. According to an Aug. 25 research paper by Federal Reserve Bank of Dallas economists Rosie Levy and
By Olivia Stephanie from crypto.news Bitcoin Core contributor Jon Atack reported on Aug. 23 that a restaurant in El Zonte, El Salvador, received its first Bitcoin payment of the month when he paid for lunch. Atack, who has lived in El Salvador since 2022, said restaurant staff told him Bitcoin payments were once common but
By Olivia Stephanie from crypto.news Ledger fixed a vulnerability affecting certain clear signing flows in its Ethereum application before another security company disclosed the issue publicly, Chief Technology Officer Charles Guillemet said on Aug. 23. Guillemet said Ledger Donjon, the company’s internal security research team, discovered the bug using an artificial intelligence vulnerability research system.
By Lawrence Mondal from crypto.news South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token trials involving nine banks. FACTBLOCK CEO and Korea Blockchain Week organizer Andrew Park said South Korea’s crypto market is moving away from its long reliance on retail trading
By Olivia Stephanie from crypto.news Swift, HSBC and Standard Chartered completed the first live interbank transaction on Swift’s blockchain-based ledger on Aug. 19, 2026. The transaction connected two independently operated tokenized deposit systems through a shared coordination layer. HSBC recorded its resulting obligation through the bank’s Tokenised Deposit Service. Standard Chartered used its own tokenized
