Latest from Ian Allison
Travel Rule Compliance Surges on New Regs, Stablecoin Payments, Notabene Says
Notabene’s annual survey of crypto firms found that almost all respondents expect to be Travel Rule compliant by mid-2025.
Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms
ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.
Stablecoin Giant Circle Is Launching a New Payments and Remittance Network
Circle is unveiling a new payments and cross border remittance product on Tuesday, from the firm’s One World Trade Center headquarters, according to an invite to the launch event.
Kraken Sheds ‘Hundreds’ of Jobs to Streamline Business Ahead of IPO, Sources Say
A Kraken spokesperson said the firm is “making the difficult decision to eliminate certain roles and consolidate teams where redundancies exist, while continuing to hire in key areas of the business.”
Stellar Sees $3B of Real World Assets Coming On-Chain in 2025
The Stellar blockchain has made new partnerships with Paxos, Ondo, Etherfuse and SG Forge.
Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says
Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.
MIT-Incubated Optimum Raises $11M Seed Round to Build Web3's Missing Memory Layer
The seed round was led by 1kx and included Robot Ventures, Finality Capital, Spartan and more.
Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources
Paxos’ Global Dollar Network (USDG) also includes Kraken, Galaxy Digital, Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei.
Creators of DeFi Firm Aave Launch Social Media Developer Network Lens Chain
Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.
Creators of DeFi Firm Aave Simplify Its Family Self Custody Wallet
Avara, the parent company of Aave, is allowing users of its Family Wallet to onboard with email or SMS, rather than messing around with seed phrases.
