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Hyundai Card has moved its Avalanche-based stablecoin payment experiment toward a new scale-testing phase after completing a live $20,000 corporate transfer between Hyundai Motor entities in the U.S. and Mexico. Summary Hyundai Card says its Avalanche pilot settled a $20,000 intercompany transfer in roughly seven minutes. Hyundai Motor America converted dollars into USDT before sending funds to Hyundai Motor Mexico directly. Hyundai Card plans to test whether the operating model can handle large...
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Argentina has committed to implementing the OECD’s Crypto-Asset Reporting Framework and starting the automatic exchange of information on crypto transactions by September 2029, bringing the country into a system now backed by 77 jurisdictions. Summary Argentina has committed to implementing CARF and starting automatic exchanges of crypto transaction data by September 2029. The country joins 77 jurisdictions that have committed to the OECD framework for cross border crypto tax information shari...
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Revolut has notified 680 customers after cybercriminals used a legitimate government email account to obtain sensitive identity, banking and Bitcoin-related records. Summary Financial Times reports Revolut notified 680 customers after fraudulent requests exposed identity and financial records. Attackers used a legitimate government agency email domain, while Revolut says its systems remained uncompromised. Exposed records included passports, addresses, verification selfies, account statements, I...
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