India Maintains Tough Crypto Position as RBI Renews Warning Against Digital Assets

Mexico's cooling inflation may boost economic stability, potentially enhancing the appeal of stablecoins for cross-border remittances. The post Mexico’s inflation slows to lowest rate since 2020, easing pressure on central bank appeared first on Crypto Briefing.

The post EU Set to Revise MiCA in 2027 to Cover Foreign Stablecoin Issuers appeared on BitcoinEthereumNews.com. In brief The EU is preparing to reopen its Markets in Crypto-Assets (MiCA) rulebook, likely in 2027, to regulate non-EU stablecoin issuers and broaden its scope, EU diplomats told Euronews. The push follows the U.S. GENIUS Act and President Trump’s promotion of dollar-backed stablecoins, which make up 95% of the market. The European Commission is consulting stakeholders until September 30 before deciding whether to formally reopen the law. The European Union is preparing to reopen its flagship crypto rulebook to bring non-EU stablecoin issuers under its supervision, as U.S. President Donald Trump’s embrace of dollar-pegged tokens unsettles European regulators, Euronews reported, citing several EU diplomats. MiCA, the bloc’s landmark crypto framework, only fully came into force on July 1, but officials already see a rewrite as inevitable. “Reopening the file seems unavoidable

Trump's embrace of stablecoins is pushing Brussels to expand its crypto law to non-EU issuers and tokenized payments, EU diplomats say.

Nilekani remains Fundamentum's anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.

The post Romance Scam Suspect’s Crypto Wallet Processed $122M: Interpol appeared on BitcoinEthereumNews.com. A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown on online fraud. Interpol said Thursday that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token swaps to obscure the trail. The Thai investigation was part of Operation First Light 2026, an Interpol-coordinated campaign targeting social engineering scams and the financial infrastructure used to launder their proceeds. The operation involved authorities in 97 countries and territories, resulting in 5,811 arrests and the seizure of $293 million in illicit assets tied to fraud and money laundering. Tomonobu Kaya, director of Interpol’s Financial Crime and Anti-Corruption Centre, said soc

The strike on Chabahar port disrupts regional trade dynamics, complicates India's connectivity strategy, and escalates US-Iran tensions. The post US strike destroys Chabahar port control tower, impacting Iran’s maritime operations appeared first on Crypto Briefing.

The post Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer appeared on BitcoinEthereumNews.com. Key Takeaways Hyundai Card slashed cross-border payment times to 7 minutes in a $20,000 corporate stablecoin test. Tether, Avalanche, and Axiym backed the pilot, marking a historic first for the South Korean card industry. A second pilot launches later this month with Circle and Visa to test local currencies across European units. Shaving Hours off Transaction Times Hyundai Card successfully tested stablecoin-based cross-border payments between Hyundai Motor Group subsidiaries in North America, slashing transaction times from hours to minutes, the card issuer recently disclosed. The proof-of-concept (PoC) test involved transferring funds between California-based Hyundai Motor America and Hyundai Motor Mexico. During the pilot, the U.S. unit converted $20,000 into dollar-based stablecoins and transmitted them to the Mexican affiliate, where the

Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully tested stablecoin-based cross-border payments between Hyundai Motor Group subsidiaries in North America, slashing transaction times from hours to minutes, the card issuer recently disclosed. The […]