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Reports of fintechs and financial institutions in Kenya restricting or blocking financial services among users is emerging following a recent review of the country by the Financial Action Task Force (FATF) which retained Kenya on its grey-list.
Restrictions from compliant stablecoin service providers have also reportedly began.
TRON’s share of Tether’s USDT supply has surpassed $90 billion cementing its position as the largest blockchain for the world’s biggest stablecoin while processing approximately $4.2 trillion in USDT transfers so far in 2026, according to Token Terminal.
The blockchain
processes more than 12.7 million transactions daily, supports over 392 million user accounts, an...Polytope Labs has launched HyperFX, a fully onchain FX engine that lets businesses swap currencies in seconds using stablecoins, with atomic settlement enforced by smart contracts on the blockchain. HyperFX is live now, settling its naira leg in cNGN, a regulated naira-backed stablecoin.
Nigeria’s FX market runs largely on informal markets.
Rates...
Bitcoin has spent 307 consecutive days trading between $60,000 and $70,000, making it the third-longest consolidation within a $10,000 price range in the cryptocurrency’s history, according to blockchain analytics firm Glassnode.
Bitcoin has also remained above its 200-week moving average near $62,900 – a technical level widely watched by long-term investors. Historica...
Circle Internet Group, the USDC stablecoin issuer, has announced that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., a national trust bank.
The bank will operate under the name Circle National Trust.
OCC approval of a national trust bank charter represents a major U....