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Mastercard announced new partnerships on Monday that enable global usage of stablecoins for everyday payments. In collaboration with OKX, Nuvei, Circle, and other companies, Mastercard is expanding its ability to support stablecoins like USDC for purchases at over 150 million merchants worldwide. The partnership with OKX includes the launch of

The Swiss National Bank (SNB) has rejected the proposal to include Bitcoin in its reserves, while activists continue to push for constitutional changes. Martin Schlegel, president of the SNB, stated during a shareholder meeting in Bern that “cryptocurrency cannot currently meet the requirements for our currency reserves.” He had previously

A group of investors has filed a class action lawsuit against Nike, seeking over $5 million in damages. The lawsuit accuses the company of causing financial losses by shutting down its Web3-focused subsidiary, RTFKT, and diminishing the value of associated digital assets. According to court documents, investors claim that Nike

Coinbase has requested the United States Office of Government Ethics (OGE) to eliminate the rule that prohibits Securities and Exchange Commission (SEC) employees from holding cryptocurrencies. Paul Grewal, Coinbase’s Chief Legal Officer, submitted the request through official letters addressed to OGE Acting Director Jamieson Greer and SEC Chair Paul

China plans to reduce its holdings of US Treasury bonds in favor of investments in Bitcoin and gold, according to a statement given to CNBC by Jay Jacobs, head of thematics and equity ETFs at BlackRock. Jacobs mentioned that central banks around the world have been moving away from the

OpenSea, one of the largest non-fungible token (NFT) marketplaces, has formally submitted a request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT platforms from federal securities regulations. The letter was addressed on April 9 to Commissioner Hester Peirce, who heads the SEC’s Crypto Task Force.