Brazil Bans Crypto in Cross-Border Payments
The Central Bank of Brazil published Resolution No. 561, which imposed a blanket ban on the use of cryptocurrency assets, such as bitcoin and stablecoins, for entities providing international payment…
Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K
An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks…
Justin Sun: Why Crypto Cards Are the ‘Next Evolution’ for Stablecoin Distribution
Tron founder Justin Sun has declared that crypto cards are the next structural phase in how digital assets reach everyday users. This follows a seismic year where stablecoins processed $33…
Kenyan Central Bank Moves to Vet VASP Applications With 4 Hires
The Central Bank of Kenya is reportedly actively recruiting for its first-ever dedicated virtual asset service provider supervision team. Key Takeaways: CBK opened recruitment for 4 VASP oversight roles following…