Crypto

The OCC has reaffirmed national banks’ authority to manage and outsource crypto asset services, signaling a broader regulatory shift.

Stripe is rebooting its crypto strategy and deepening AI integration, debuting stablecoin accounts and a fraud-detection model.

Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model […] The post Stripe unveils AI foundation model for payments and deeper stablecoin integration appeared first on CryptoSlate.

Coinbase's new open-source standard uses a once-forgotten status code to integrate stablecoin payments directly into websites and APIs.

The Dogecoin (DOGE) price, last around $0.17, is currently in the process of forming a “diamond bottom reversal” pattern, which one popular technical analysts thinks could signal a new uptrend for crypto’s biggest meme coin. The post Dogecoin Price Prediction: Diamond Bottom Pattern Points to Explosive DOGE Upside appeared first on Cryptonews.

After a 1,700% rally tied to its Solana holdings, the firm says the split will boost liquidity and broaden investor access.

Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so. Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6 that he “wouldn’t mind” a pardon and that his lawyers have already filed the paperwork on his behalf “I got lawyers applying,” Zhao said, adding that he submitted the request after Bloomberg and The Wall Street Journal reported in March that he was seeking a pardon from Trump amid discussions of a business deal between the Trump family and Binance.US. Read more

The US Treasury could experience a surge in demand for government debt from the digital asset sector, potentially reaching $2 trillion over the next several years, according to Treasury Secretary Scott Bessent. Bessent made the statement during a House Financial Services Committee hearing on the global financial system, where he emphasized the growing financial relevance […] The post Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt appeared first on CryptoSlate.

South Korean crypto exchanges are “worried” they may be hit with a commission fee cap following recent comments from Lee Jae-myung, the frontrunner in the nation’s presidential race. The post South Korean Crypto Exchanges Fret Over Commission Fee Cap Fears appeared first on Cryptonews.

Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with […] The post Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe appeared first on CryptoSlate.

A group of pro-crypto Democrats appears close to supporting the GENIUS Act once more. The stablecoin bill could face a vote as soon as tomorrow.

Everything is in place in order for Bitcoin to rally to new heights this year, said crypto entrepreneur Arthur Hayes.

Stablecoin demand is on the rise, with market capitalization surpassing $231 billion in May 2025. Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat bank account works." The product's technical page shows that the new account feature will support Circle's USDC (USDC) and Bridge's USDB (USDB) stablecoins. Stripe acquired the Bridge platform in October 2024. The product will be available to clients in more than 100 countries, including Argentina, Chilé, Turkey, Colombia, and Peru, among others. Read more

Payments giant Visa has made a strategic investment in stablecoin infrastructure startup, BVNK—its second crypto move in recent days.

Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode. The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price […] The post Bitcoin recovers but market still on edge with short-term holders near breakeven appeared first on CryptoSlate.

The company has obtained a brokerage license in Lithuania as part of its planned expansion into the European market. Brokerage fintech Robinhood is reportedly developing a blockchain network that will enable retail investors in Europe to trade US securities. According to a May 7 Bloomberg report citing sources familiar with the matter, the move seeks to expand the company's local presence by offering trading of tokenized securities, such as stocks. Two crypto firms, Arbitrum and the Solana Foundation, are reportedly vying to become partners in the project. Tokenization is the process of turning real-world assets, like stocks, real estate, or commodities, into digital tokens that can be traded on a blockchain. Read more

Financial Times has alleged coordinated trading after 24 wallets spent $2.6 m on $MELANIA less than three minutes before Melania Trump revealed the token on Truth Social, a move that has delivered about $100 m in gains and intensified Senate probes into President Trump’s crypto fundraising. The post $MELANIA Lightning Buy Nets Traders $100M in 150 Seconds, Financial Times Reveals appeared first on Cryptonews.

The D.C. office will focus on government relations, capitalizing on a 'more stable regulatory environment' under current leadership.

A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties.

One analyst says a weak US dollar is part of a plan to fix the US financial system. Will Bitcoin benefit from a weaker DXY? What to know: Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system. Bitcoin and gold are well-positioned to benefit from de-dollarization. Read more