Trade Deals Details, Stagflation & New Crypto Milestones
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While Félix Raised $200M to Move Beyond Remittances, Western Union Had Already Closed Its Stablecoin Gap
A new US excise tax on cash transfers favors Félix's digital rails, but Western Union's own stablecoin card shows that advantage may not last long enough to matter as much as Félix's untested move into lending.
G20 Finance Ministers Pledge 'Responsible' Digital Asset Rules, Again Without Specifics
The Asheville statement tasks the Financial Stability Board with reviewing cross-border stablecoin risk, but leaves the actual rulebook to individual regulators.
Kraken Parent Payward Delays IPO Again
The postponement, the company's second in six months, lands as BitGo, the only digital-asset custodian to go public this year, trades near a third of its IPO price.
Singapore is Now BitGo's Largest Trading Desk
The expansion arrives as the newly public custodian works to show that revenue growth, up nearly 80 percent last quarter, can translate into profit.