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IBM Joins Swift's Blockchain: 17 Banks Already Piloting It
IBM Plugged Into Swift's Banking Blockchain Here's Who's Already On It: The world's biggest bank messaging network just quietly went blockchain and IBM wants in. On September 25 - 2026, IBM connected its Digital Asset Haven platform to Swift's blockchain-based shared ledger, currently in beta. The move lets banks move tokenized deposits across Swift's network using an ISO 20022 messaging adapter meaning banks can tap blockchain rails without ripping out their existing payment systems. Swift isn't a small player here. It connects over 12,500 financial institutions across more than 200 markets, moving the equivalent of world GDP every two to three days. So when Swift adds blockchain to that stack, banks pay attention. The First Live Transaction Already Happened HSBC and Standard Chartered beat everyone to the punch, completing the first live transaction on the ledger back in August proof the system works outside the lab. Meet the 17 Founding Banks Swift's ...
Visa Is Shutting Down the Meme Coin Credit Card Loophole
Buying meme coins with a credit card came with an unexpected perk: some users could earn ordinary credit card points and cash back on their crypto purchases. Visa is now moving to close that loophole. The issue centered on how meme coin purchases were classified by payment processors . Some Crossmint-powered checkouts used merchant category code (MCC) 5815 , a category intended for digital media such as movies, music and audiobooks, rather than a crypto-specific category. That meant a meme coin purchase could look to the card network like a normal digital-media purchase. How the loophole worked Users of Robinhood Wallet and Fomo could purchase certain meme coins using credit cards through Apple Pay or Google Pay. According to The Block's testing, transactions made with Visa and Mastercard cards were classified as digital-media purchases and could earn normal card rewards, including points and cash back. The classification mattered because crypto purchases are generally t...
Crypto Funds Just Posted Their Best Week of 2026 — $3.5B in a Single Week
"Bitcoin ETFs Go 5-for-5: Crypto Funds Hit Biggest Inflow Week of the Year" Digital asset investment funds pulled in $3.5 billion last week, according to CoinShares latest Digital Asset Bi-Weekly Digest the largest single-week inflow recorded in 2026. The surge pushed total assets under management across crypto funds to $173 billion globally. Bitcoin Led the Charge US spot Bitcoin ETFs were the standout performer, hauling in $2.39 billion and staying positive on all five trading days of the week. Ethereum products weren't far behind, adding $690 million over the same stretch. Together, these flows pulled year-to-date totals back into positive territory up to $8.6 billion for 2026 so far. What Sparked the Rally? CoinShares attributes the strength to the removal of uncertainty following the Federal Reserve's recent rate decision. Once the outcome became clear, investors who had been sitting on the sidelines started deploying capital again. The US Dominated But Who Else...
Upcoming IPOs Are Back. Here’s What Investors Should Beware Of
The IPO market is getting busy again, with major private companies across AI, fintech, technology, space and consumer businesses moving closer to public markets. Names such as OpenAI, Anthropic, SpaceX, Oura and Strava have appeared in the 2026 IPO pipeline, although the status and timing of individual listings can change. Some companies have filed, while others remain confidential filers or are simply being discussed as potential candidates. That creates an opportunity for investors to gain access to companies that were previously available mainly through private markets. But an IPO can also make it easier to buy into a company before the market has fully figured out what it is worth. The IPO price is not automatically a bargain One of the biggest mistakes investors can make is assuming that getting shares at the IPO price means getting in early at a cheap valuation. The IPO price is determined through the offering process and reflects what the company and its underwriters...
Vitalik Says AI Will Make Crypto More Secure
What if the same AI that helps hackers find vulnerabilities could also make your crypto harder to steal? That is the possibility Ethereum co-founder Vitalik Buterin is pointing to. He argues that AI could make software fundamentally harder to break by making formal verification practical at a much larger scale. Formal verification uses mathematical proofs to confirm that code follows specific security rules. Instead of relying only on testing to find bugs, developers can prove that certain parts of a program behave as intended. But Buterin says there is a bigger challenge. The Hardest Part Is Defining Security According to Buterin, defining what “secure” actually means is harder than verifying the code . A security definition needs to account for more than obvious bugs. It may also need to consider compromised servers, leaked keys, network attacks, metadata and hardware vulnerabilities. If an important threat is missing from the definition, a perfect mathematical proof will no...
Visa Is Shutting Down the Meme Coin Credit Card Loophole
Buying meme coins with a credit card came with an unexpected perk: some users could earn ordinary credit card points and cash back on their crypto purchases. Visa is now moving to close that loophole. The issue centered on how meme coin purchases were classified by payment processors . Some Crossmint-powered checkouts used merchant category code (MCC) 5815 , a category intended for digital media such as movies, music and audiobooks, rather than a crypto-specific category. That meant a meme coin purchase could look to the card network like a normal digital-media purchase. How the loophole worked Users of Robinhood Wallet and Fomo could purchase certain meme coins using credit cards through Apple Pay or Google Pay. According to The Block's testing, transactions made with Visa and Mastercard cards were classified as digital-media purchases and could earn normal card rewards, including points and cash back. The classification mattered because crypto purchases are generally t...
Germany is preparing to change how cryptocurrency gains are taxed
Germany is preparing to change how cryptocurrency gains are taxed, potentially ending one of the country's biggest advantages for long-term crypto investors. What Is Changing? Germany's Finance Ministry has proposed a 25% flat tax on crypto gains . The new rules would apply to crypto assets acquired from January 1, 2027 , with crypto platforms expected to begin withholding the tax in 2028. Under the current system, individuals can potentially avoid tax on crypto gains when assets are held for more than 12 months. The proposed rules would remove that long-term holding advantage for assets bought from 2027 onward. Are Any Crypto Assets Exempt? The proposal does not appear to create exemptions for specific assets such as Bitcoin, Ethereum or stablecoins. The main distinction is the date the crypto was acquired . Assets acquired before January 1, 2027 would remain subject to the existing rules, while assets acquired from that date would generally fall under the proposed 25%...
21 Banks Just Joined Forces to Build Their Own Stablecoin
The stablecoin race is no longer just a crypto-company story. On September 1, 21 major financial institutions announced plans to create a joint company that will issue stablecoins for payments and settlement. The group includes names such as Bank of America, Citi, Goldman Sachs and Deutsche Bank , alongside other major institutions. But the story actually started much smaller. From 10 banks to 21 The consortium began taking shape in October 2025 , when 10 financial institutions were reportedly exploring the creation of a jointly owned stablecoin company. Over the following year, the group expanded as banks became increasingly interested in using blockchain infrastructure for payments and settlement. By September 2026, the project had grown to 21 institutions . What began as an experiment among a smaller group of banks has now become a coordinated attempt by traditional finance to build its own stablecoin infrastructure. The first product is coming in 2027 The consorti...
Japan Wants Stablecoins to Work More Like Money
Japan is making an interesting distinction between crypto you invest in and digital money you actually spend . The Financial Services Agency has asked for trust-type stablecoins to be exempt from certain mandatory tax-reporting requirements starting in fiscal 2027. Its reasoning is straightforward: these tokens can circulate between large numbers of users, are used frequently for transactions, and simply holding them does not generate income. That distinction matters. Stablecoins are being treated differently Japan's FSA increasingly sees stablecoins as payment instruments rather than investment products. If you're using a yen or dollar-backed stablecoin to pay someone, move money or settle a transaction, taxing every transfer like an investment event creates unnecessary friction. The FSA's proposed exemption is aimed precisely at that problem. But crypto assets are moving in the opposite direction. Japan's 2026 regulatory overhaul reclassified 105 specified ...
Ireland Just Locked Crypto Out of It's New Savings Scheme
Ireland is preparing a new tax-advantaged investment account for 2027, designed to encourage households to move more of their money from bank deposits into investments. But crypto won't be invited. The scheme will allow assets such as listed shares, bonds, ETFs and investment funds , while cryptocurrencies and derivatives are classified as highly complex and risky products and excluded. That decision is significant because Irish households currently hold around €175 billion in deposits . The government wants more of that money working in capital markets rather than sitting in cash. But there is an interesting exception Ireland isn't completely closing the door on blockchain-based assets. The rules allow an important distinction: A crypto asset can be excluded while a tokenized financial instrument can still qualify. If a token represents a traditional financial instrument that would otherwise be eligible — such as a qualifying share or bond — its tokenized form can po...
Hyperliquid Is Finally Finding a Route Into the U.S.
Hyperliquid has spent years building one of crypto's biggest derivatives markets outside the United States. Now, it may finally have a way in. Hyperliquid Labs is reportedly in advanced talks with Payward, the parent company of Kraken , to bring selected Hyperliquid perpetual futures to U.S. traders through Bitnomial , Payward's CFTC-regulated derivatives exchange. Payward has already presented the proposed structure to the CFTC, although approval is still pending. This wouldn't mean Americans suddenly get direct access to Hyperliquid. Instead, Bitnomial would provide the regulated U.S. infrastructure while connecting traders to a limited selection of markets linked to Hyperliquid. That's an important distinction. Why this matters Hyperliquid has become a major force in crypto derivatives, but its offshore structure has kept U.S. traders out. The proposed arrangement could solve that problem without requiring Hyperliquid to completely rebuild its platform aroun...
The IMF Just Drew a Line Around Stablecoins
Stablecoins are becoming too important for global policymakers to ignore. At the Jackson Hole Economic Symposium , IMF Managing Director Kristalina Georgieva highlighted both sides of the stablecoin story: they can make payments faster and cheaper, but widespread use of dollar-backed stablecoins could accelerate currency substitution in emerging markets and make capital controls harder to enforce. The interesting part is that the IMF, BIS and ECB broadly agree on the problem. They don't agree on what should come next. The IMF wants safer stablecoins The IMF isn't arguing that stablecoins should disappear. Its approach is closer to: Regulate them properly and make them safer. That means stronger reserve requirements, internationally coordinated rules and mechanisms that ensure holders can redeem stablecoins at their promised value. The IMF has also recognized that stablecoins can improve payments, particularly cross-border transfers and remittances. But there's...
From Stock Fraud to a $24M Crypto Ponzi
Brent Kovar's crypto case wasn't his first encounter with financial fraud allegations. In 2009 , the SEC sued Kovar over an alleged $12 million pump-and-dump scheme involving SkyWay Global. According to the SEC, Kovar and his associates promoted false claims about the company's business, helping inflate its stock price and trading volume before selling 76.65 million shares for more than $12 million in profits . Fast-forward to 2026, and a federal jury has convicted Kovar over a $24 million crypto Ponzi scheme through Profit Connect. The alleged pitch had simply evolved: From hyping a stock → to promising AI-powered crypto mining. Different technology. Same old promise of easy money.
The SEC Just Changed the Crypto Game — And Most Traders Haven’t Realized It Yet
Bitcoin's price is getting most of the attention in crypto right now. But something potentially much bigger happened this week in Washington. On August 18, the U.S. Securities and Exchange Commission (SEC) proposed a new framework called “Regulation Crypto Assets” that could fundamentally change how some crypto projects raise money, launch tokens and eventually transition their tokens away from being treated as investment contracts. And the timing is particularly interesting. Because Congress is simultaneously trying to pass the CLARITY Act , which would create a broader statutory framework for digital assets. In other words, America's crypto rulebook is being rewritten from two directions at once. A potential new fundraising route for crypto projects One of the most significant parts of the SEC proposal is what it could mean for token issuers. The proposed framework creates two exemptions from traditional Securities Act registration requirements for qualifying cryp...
Bitcoin Is Pumping — But Here's What Most People Don't Realize Yet
Bitcoin is back in the spotlight. BTC has climbed above $76,000 , extending a sharp recovery that has taken the asset significantly higher over the past several days. The move has been fast enough to make many traders wonder whether a new Bitcoin bull run is beginning. But the most important part of this rally may not be the Bitcoin chart itself. What is happening underneath the surface is a combination of institutional demand, changing liquidity conditions and a massive short squeeze. And that could matter more than the headline price. Bitcoin's rally is bigger than crypto Bitcoin's latest move began accelerating after the U.S. Treasury announced that it would increase its purchases of longer-term government debt. The Treasury plans to raise long-term bond buybacks from roughly $2 billion to at least $4 billion per operation . The announcement helped push long-term Treasury yields lower and contributed to a broader rebound across risk assets. Bitcoin responded almost immediate...
What's Strangling Bitcoin in 2026?
Bitcoin isn't dead. It isn't disappearing. And the underlying network hasn't suddenly stopped working. Yet something is clearly holding Bitcoin back. The asset that once dominated the crypto narrative is now struggling to regain momentum, trading around the low-$60,000s after reaching more than $126,000 in late 2025. So what is strangling BTC? It may not be one thing. It may be a competition for capital, attention and narrative. The First Problem: The Marginal Buyer Is Missing Bitcoin doesn't need everyone to sell for the price to struggle. It needs enough new money to keep arriving. And that is where the market has become complicated. U.S. spot Bitcoin ETFs have experienced periods of significant outflows in 2026. A mid-year report from 21Shares estimated roughly $3 billion of net outflows from U.S. spot Bitcoin ETFs year-to-date through May , even though ETF holdings measured in BTC remained near their highs. More recently, Bitcoin continued struggling...
BitMEX Hit With 623 BTC Lawsuit on the Same Day It Announces Shutdown
Crypto exchange BitMEX is facing a new legal challenge just as it prepares to close its doors. On the same day the company announced it will shut down its exchange operations later this year, two former users filed a proposed class-action lawsuit seeking the return of 622.66 Bitcoin (BTC) , claiming they suffered unfair liquidations on the platform. The lawsuit alleges that BitMEX's liquidation system was designed in a way that benefited the exchange by transferring customers' remaining collateral into its insurance fund after their positions were forcibly closed. According to the complaint, one plaintiff claims losses of 305.81 BTC , while the other alleges losses of 316.85 BTC , bringing the total amount in dispute to nearly 623 BTC . The filing also alleges that an internal trading desk had access to non-public customer information and was able to continue trading during periods when some users were unable to access the platform because of server issues. These are alle...