Transacta Highlights Licensed Crypto Payments and US Expansion
Transacta details its regulated crypto payment services, fast onboarding model, and focus on high-value transactions. A zerohash partnership supports access across 49 US states.
Kraken Reports Insider Data Access and Extortion Attempt
Kraken disclosed two insider incidents involving limited client data access and a related extortion attempt. The exchange says no trading systems or client funds were compromised.
Stablecoins Process $33 Trillion in 2025 as Institutions Shift Settlement
Stablecoins moved $33 trillion in 2025, approaching card network scale. Circle and Paxos infrastructure now underpins settlement for Visa, Mastercard, Stripe, and PayPal.
Legal | News | Payments & Compliance | Regulation | Security
Kenya Advances VASP Regulations for Crypto Firms
Kenya has completed public consultations on its draft VASP Regulations, 2026. The framework will introduce licensing, AML, and consumer protection rules for crypto firms.
WLFI Token Hits Record Low After Loan Repayment Controversy
World Liberty repaid $25 million of its Dolomite loan after criticism over using WLFI as collateral. The token fell to an all-time low during the controversy.
Iran Seeks Crypto Toll for Hormuz Transit as Stablecoins Emerge Central
Iran is demanding cryptocurrency payments from tankers transiting the Strait of Hormuz. Chainalysis indicates stablecoins are more likely than Bitcoin to be used.
Japan Approves Bill to Classify Crypto as Financial Products
Japan has approved an amendment to classify crypto assets as financial products under the FIEA. The bill introduces insider trading bans and stricter penalties for unlicensed operators.
MiCA Compliance Costs Put Pressure on Smaller Crypto Firms
MiCA licensing and compliance costs of up to €500,000 are challenging smaller crypto firms, particularly in Germany with a shortened transition period. Large exchanges have secured EU-wide licenses.
US Treasury Proposes AML Rules for Stablecoin Issuers Under GENIUS Act
The US Treasury has proposed new AML and sanctions rules for stablecoin issuers under the GENIUS Act. Issuers would be treated as financial institutions and required to block or freeze flagged transactions.
Bessent Urges Senate to Advance CLARITY Act on Crypto
US Treasury Secretary Scott Bessent has urged the Senate to move forward with the CLARITY Act. The crypto market structure bill passed the House in 2025 but remains stalled in the Senate.