Stablecoins do not yet credibly function as a payment method at scale, Bank for International Settlements General Manager Pablo Hernández de Cos said on Aug. 28 at the Federal Reserve’s Jackson Hole symposium. Summary BIS chief Pablo Hernández de Cos said stablecoins cannot credibly support payments at scale today. Tokenized deposits preserve settlement in central
Real Trump Coins denied launching or authorizing the Solana-based Trump Digital GOLD token on Aug. 29 after promotional posts appeared on its X account and associated website. Summary Real Trump Coins denied authorizing GOLD and attributed its promotion to unidentified third-party bad actors. GOLD lost approximately 99% after connected wallets sold 82.45% of the Solana
Coinbase will suspend trading for Badger DAO and Storj on Sept. 28, 2026, following its latest review of assets listed on the U.S. cryptocurrency exchange. Summary Coinbase will suspend BADGER and STORJ trading on September 28, 2026, around 2:00 p.m. ET. Suspension covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime services for
Vietnam has not issued its first crypto exchange license, but five companies have passed an initial assessment under the country’s five-year digital asset market pilot. Summary Vietnam has not licensed any crypto exchange, although five applicants passed an initial assessment stage. Applicants need 10 trillion dong in charter capital and Level 4 information-system security certification
Solana Foundation Vice President of Technology Jacob Creech outlined several upcoming Solana upgrades on Aug. 30. Transaction V1 is scheduled for Sept. 9, while the first stage of a network rent reduction is expected during the week beginning Aug. 31. Summary Solana plans to activate Transaction V1 on September 9, increasing transaction size to 4,096
OCEAN co-founder Luke Dashjr left the Bitcoin mining pool on Aug. 29 after reaching a mutual separation agreement with its parent company, Mummolin Inc. He resigned as chairman, chief technology officer and director. Summary OCEAN co-founder Luke Dashjr resigned as chairman, chief technology officer and director by mutual agreement. Mummolin repurchased all Dashjr’s equity, ending
Bitcoin’s realized capitalization increased by more than $4.6 billion during the week ending Aug. 30, according to CryptoQuant contributor Darkfost. The increase accompanied BTC’s sharp recovery from around $63,000 earlier in August to above $80,000. Summary Bitcoin’s realized capitalization increased by more than $4.6 billion during the latest seven-day measurement period. The 30-day average growth
Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps for Nepal-Tibet flood relief operations. World Central Kitchen’s local restaurant partners are distributing meals across Nepal’s Rasuwa and Nuwakot districts. Mercy Corps is coordinating emergency
Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulative stablecoin card spending above $10.9 billion worldwide overall. July 2026 produced a record month, with card spending exceeding $1 billion for first time. RedotPay predicts annualized spending
A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. Summary Ninth Circuit judges held Kalshi unlikely to block Nevada regulation of sports-event contracts through preemption. The ruling did not invalidate CFTC rulemaking or resolve any future Administrative Procedure
