Venmo will enable fiat-to-crypto payments in May

Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address.

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South Korea Identifies $7.2B Drained Though Crypto Exchanges

South Korean authorities have raided one of the biggest banks in connection with the illegal crypto transfer investigation.

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The EU Parliament Passes Bill for Monitoring Crypto Transfers

European Union will extend the decades-old monitoring of financial transactions in traditional finance to Cryptocurrencies. This follows the passing of a new bill by the European Union parliament that seeks to trace the transfer of digital assets to users. The new regulation will address the criticism against digital assets regarding financing illegal activities. The new [...]

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PayPal Enables Crypto Transfer For US Customers

American multinational fintech firm PayPal finally announced that its users will now be able to transfer cryptocurrency from their accounts to other wallets and exchanges. The recent move came amidst growing customer demand, it said. As per the press release, the new functionality will allow PayPal customers to transfer supported coins into their own, move […]

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EU regulator sets restrictive measure guidelines for crypto providers

Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.

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South Korea plans to regulate cross-border stablecoin transactions

South Koreas Financial Services Commission plans to consult with other jurisdictions, including Japan and the EU, on stablecoin rules.   

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