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Australia
2026-09-08 05:23:09

Australia Cancels 45 Crypto Remittance Registrations in Past Year

Australia's financial intelligence agency, AUSTRAC, has canceled, suspended, or refused renewal of 45 cryptocurrency and remittance registrations over the past year, targeting services that are inactive, insolvent, or incapable of proper operation. Among them, GetCoins, a brand under BA Digital Ventures, had its virtual asset service provider registration revoked in June over suspected ties to organized crypto investment scams. AUSTRAC also launched an investigation into Western Union and suspended Cryptolink's crypto ATM network. The full list of 45 entities was not disclosed, but the public VASP register includes Cryptolink, Self Custody, Jam Xchange, and Coinsec Australia.

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Australia Cancels 45 Crypto Remittance Registrations in Past Year
El Dorado
2026-08-10 08:19:53

Latin American Fintech El Dorado Integrates BNB Chain for Stablecoin Deposits

Techub News reports that El Dorado, a Latin American fintech platform, has integrated BNB Chain, allowing users to deposit USDT and USDC directly on the network. The integration removes the need for cross-chain bridges, giving the platform's 1.15 million users direct access to BNB Chain. El Dorado previously supported four chains, including Arbitrum and Polygon. With the addition of BNB Chain, the platform now supports five networks in total. The platform primarily covers seven Latin American countries, including Venezuela and Argentina, and offers peer-to-peer conversion between local fiat currencies and dollar-pegged stablecoins, as well as cross-border remittance services. Users can now use BNB Chain without bridging assets from other networks, simplifying the deposit process. Deposits of both USDT and USDC are now live on BNB Chain. The original information was reported by CryptoBriefing, and Techub News shared the update. This brings BNB Chain into the same set of supported networks as Arbitrum and Polygon for stablecoin deposits.

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Latin American Fintech El Dorado Integrates BNB Chain for Stablecoin Deposits
Samsung
2026-08-10 00:28:46

Samsung Wallet to Introduce Stablecoin Accounts, Remittances in Select Markets This Year

Samsung Electronics plans to introduce stablecoin functionality to Samsung Wallet in select countries this year, according to Digital Asset. The initial offering will include stablecoin account opening, overseas remittance, and payment features. A gradual global expansion will follow, depending on each country's regulatory framework and market environment. ChainCatcher reported this development.

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Samsung Wallet to Introduce Stablecoin Accounts, Remittances in Select Markets This Year
Western Union
2026-08-04 12:33:52

Western Union Launches Stablecard Built on Rain Stablecoin Infrastructure

Western Union has officially launched Stablecard, a Visa-integrated payment card powered by Rain's stablecoin infrastructure. The card enables users to receive USDPT, a stablecoin issued by Anchorage Digital Bank on Solana, and spend it instantly at Visa-accepting merchants worldwide or withdraw cash as needed. The initial rollout covers 37 markets, with Western Union planning to expand to more than 60 markets by the end of the year. According to the company, stablecoin support will lower the need for pre-funded capital in cross-border remittances, improve capital efficiency, and pave the way for additional digital financial services. The new product highlights how established remittance providers are integrating blockchain-based settlement into mainstream payment flows, leveraging Solana for issuance and Visa's global network for point-of-sale spending.

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Western Union Launches Stablecard Built on Rain Stablecoin Infrastructure