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Mastercard adds SoFiUSD as settlement option for card issuers

Mastercard has announced the addition of SoFiUSD as a settlement option for card issuers, enhancing its cryptocurrency offerings. This move allows card issuers to settle transactions using SoFi's stablecoin, which is pegged to the US dollar. The integration aims to streamline payments and improve transaction efficiency for users. Mastercard's partnership with SoFi reflects the growing trend of incorporating digital currencies into traditional financial systems. This development is expected to attract more users to the platform and expand the use of cryptocurrencies in everyday transactions.

Read the full article: Coin Telegraph

Bitcoin Climbs, Stocks and Gold Drop as Iran Conflict Stokes Uncertainty

Bitcoin has seen a rise in value as tensions surrounding the Iran conflict create uncertainty in global markets. In contrast, stocks and gold prices have declined amid fears of escalating geopolitical risks. Investors are increasingly turning to cryptocurrencies like Bitcoin as a hedge against traditional market volatility. The situation in

South Koreans Paid in Crypto for 'Revenge' Attacks Involving Human Waste, Say Police: Report

South Korean police reported that individuals were paid in cryptocurrency to carry out "revenge" attacks involving human waste. The incidents reportedly stemmed from personal disputes, where perpetrators were incentivized with digital currency to target their victims. Authorities are investigating the use of crypto in these criminal activities, highlighting

Donald Trump's crypto legacy in two words: Paul Atkins

Donald Trump's influence on the cryptocurrency landscape is closely tied to Paul Atkins, a former SEC commissioner and a key figure in shaping crypto regulations. Atkins advocates for a balanced regulatory approach that fosters innovation while ensuring investor protection. He has been vocal about the need for clear

JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks

JP Morgan CEO Jamie Dimon has stated that stablecoin issuers that offer interest on deposits should be regulated as banks. He emphasized the need for oversight to ensure consumer protection and financial stability. Dimon highlighted concerns about the risks associated with stablecoins, particularly in the context of their increasing popularity

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Bitcoin Climbs, Stocks and Gold Drop as Iran Conflict Stokes Uncertainty

South Koreans Paid in Crypto for 'Revenge' Attacks Involving Human Waste, Say Police: Report

Donald Trump's crypto legacy in two words: Paul Atkins

JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks