AUSTRAC Suspends Cryptolink and Shuts Down 96 Crypto ATMs
AUSTRAC has suspended Cryptolink’s registration for three months, forcing 96 crypto ATMs in Australia offline over AML reporting failures. The move follows earlier compliance action in 2025.
USDC and USDT Take 84% of Crypto Card Spending
USDC and USDT together account for 84% of crypto payment card volume. Euro-backed EURe has declined to about 2% as monthly spending reaches 759 million dollars.
European Stock ETFs Return to Inflows as Earnings Lift Markets
European stock ETFs recorded positive net flows in July, ending months of outflows. Strong earnings and record index levels supported renewed investor allocations.
Wirex BaaS Surpasses $2B Annualised Volume in 110 Days
Wirex BaaS has surpassed $2 billion in annualised onchain card spend within 110 days of hitting its first $1 billion milestone. The company reports rising stablecoin settlement and more than 70 partners since launch.
Deutsche Telekom to Operate SphereNet Validator for AI Payments
Deutsche Telekom will run a validator node for SphereNet from testnet through its planned 2027 mainnet launch. The network aims to embed compliance checks into AI-driven blockchain payments.
Binance-Affiliated Firms Sue RedotPay Founders for $472.8 Million
Binance-affiliated companies are suing RedotPay’s founders for $472.8 million over disputed card top-ups and alleged user diversion. Parallel cases are under way in Hong Kong and Singapore.
MoonPay Integrates TRON for Gasless Stablecoin Transactions
MoonPay has integrated the TRON network into its Trade infrastructure, allowing users to transact without holding TRX for gas fees. The update applies across the TRON ecosystem, including SunSwap and JustLend.
Microsoft Copilot Lawsuit Sets August 11 Deadline for Investors
Microsoft investors have until August 11 to seek lead plaintiff status in a federal lawsuit tied to Copilot disclosures. The case follows a 10% share price drop in January 2026.
Legal | News | Regulation
Australia Sues Telegram Over Alleged Terror Content Failures
Australia’s eSafety Commissioner has launched civil proceedings against Telegram over alleged failures to remove pro-terror content. The platform could face penalties of up to AUD 54.6 million.
Stablecoin Supply Hits $309.7B as XDC Integrates Bridge
Stablecoin supply reached $309.7 billion in July 2026. XDC integrated Stripe-owned Bridge to provide regulated fiat conversion and custody services to developers.