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What FATF’s 7th Crypto Compliance Report Card Means: Enforcement Must Catch Up With Legislation
The Financial Action Task Force (FATF), the global watchdog for money laundering and terrorist financing, released its "7th Targeted Update on Implementation of the FATF Standards on Virtual Assets and VASPs" on July 16, 2026. This comprehensive report provides a sobering look at the state of global cryptocurrency regulation, highlighting a paradoxical trend: while a…
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Stablecoin-Backed Payment Card Spending Exceeds $1 Billion Mark in July, Signaling Maturation of Cryptocurrency Utility
In a landmark development for cryptocurrency adoption, stablecoin-backed payment card spending surpassed the formidable $1 billion threshold for the first time ever in July, totaling precisely $1.03 billion industry-wide. This monumental achievement represents a robust 16% growth from the previous month’s figures and demonstrates a remarkable 200% expansion compared to the same period last year,…
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