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Brazil’s government is evaluating the application of the IOF financial transaction tax to cross-border cryptocurrency transfers, particularly those involving stablecoins, which are now classified as foreign-exchange operations by the central bank. This aims to eliminate loopholes in international payments amid a booming crypto market that reached 227 billion reais in the first half of 2025. […]
Sberbank, Russia’s largest bank, is prioritizing blockchain and artificial intelligence development to compete with decentralized finance, as stated by top executive Alexander Vedyakhin. This synergy will drive future business through AI-driven decisions and blockchain-based smart contracts, potentially leading to DAOs in Russia. Sberbank views blockchain and AI as the core of its future operations in […]
The Cloudflare outage on Tuesday caused widespread disruptions to crypto websites and the social media platform X, stemming from internal server errors that affected millions of users globally. This incident underscores vulnerabilities in centralized infrastructure, even as Cloudflare advances initiatives like the NET Dollar stablecoin for secure online payments. Cloudflare outage impacts: Multiple crypto platforms […]
The Aave App is a new DeFi-based neobank application offering up to 9% yield on savings, $1 million in balance protection, and seamless integration with over 12,000 banks and cards, surpassing traditional banking options for higher returns and security. Aave App provides up to 9% APY on stablecoin deposits, significantly higher than typical bank savings […]
The U.S. Securities and Exchange Commission (SEC) has excluded cryptocurrency from its 2026 examination priorities, signaling a shift toward lighter oversight under the current administration. This move focuses on core areas like fiduciary duties, client asset protection, and AI risks, promoting digital asset sector growth amid ongoing regulatory clarity efforts. SEC Omits Crypto from Priorities: […]
A Cloudflare internal service degradation on November 2025 disrupted access to major cryptocurrency platforms like Coinbase and Blockchain.com, as well as social media sites. The issue, starting at 11:48 AM UTC, was resolved within hours through a quick fix, restoring normal operations for affected users worldwide. Cloudflare’s outage impacted front-end access to crypto exchanges and […]
Wallets linked to the failed LIBRA meme token have begun acquiring Solana (SOL) during its recent dip below $130, supplying $61.5 million in USDC to capitalize on the recovery. This move follows months of inactivity, signaling potential confidence in SOL’s long-term value despite ongoing legal challenges. Two key wallets accumulated over 456,000 SOL at an […]
AMINA Hong Kong has secured an SFC Type 1 license uplift, enabling the first international bank to provide regulated crypto trading and custody services for professional investors. This allows secure access to 13 cryptocurrencies with 24/7 operations under Hong Kong’s framework, addressing institutional demand. AMINA (Hong Kong) becomes the pioneer international bank with SFC approval […]
Brazil is considering a new tax on cryptocurrency use for international payments to align with the global Crypto-Asset Reporting Framework (CARF). This targets stablecoins and digital assets to close loopholes, boost revenue, and prevent regulatory arbitrage against traditional foreign exchange markets. Brazil’s finance ministry eyes expanding the IOF tax to crypto cross-border transactions. The Federal […]