Cryptocurrency Latest News & Updates
Hyundai Card eyes larger Avalanche stablecoin rollout
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...
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Argentina commits to OECD crypto tax reporting framework by 2029
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 frame...
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Revolut faces UK probe after 680 customers exposed
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, addr...
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