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Kashkari Fires Back at Crypto and Stablecoins While Backing AI

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, criticized crypto and stablecoins during remarks at the 2026 Midwest Economic Outlook Summit on...

EU Banks Launch Coordinated Push for Euro-Pegged Stablecoin by 2026

A group of 10 EU banks plans to launch a euro-pegged stablecoin through an Amsterdam-based entity called Qivalis in the second half of 2026,...

Visa Expands Stablecoin Support: Four Blockchains, Bank Mint-and-Burn Tools

Visa will add support for four stablecoins on four blockchains and give banks tools to mint and burn tokens. CEO Ryan McInerney outlined the...

Venezuela Ramps Up Stablecoin Use as War Threats Escalate and Sanctions Tighten

Venezuela is deepening its reliance on stablecoins amid a fresh war threat, continuing U.S. sanctions, and triple-digit bolívar inflation. Earlier this week, the U.S....

JPMorgan’s Hard Pivot: Crypto Trading Plans Without Custody, For Now

JPMorgan crypto trading is moving ahead, while crypto custody is not on the near-term horizon. Scott Lucas, JPMorgan’s global head of markets and digital...

Crime Gangs Launch Crypto Tokens and Stablecoins to Launder Billions, Says UN

Organized crime groups are creating their own blockchain tools to move illicit funds, according to the UNODC crypto report released in April 2025. These...

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