Bank of England Plans Sweeping Overhaul to UK Payments Infrastructure
The United Kingdom’s central bank is advancing two major initiatives aimed at moving the nation closer to 24/7 financial settlement infrastructure. Many businesses and consumers no longer understand why they can send a stablecoin or real-time payment in seconds while traditional bank transfers remain constrained by business hours. To address this gap, the Bank of […]
Bitcoin’s ATM Boom May Be Coming to an End
Bitcoin Depot, the largest bitcoin ATM operator in North America, has filed for Chapter 11 bankruptcy and plans to shut down operations while exploring a sale of its assets. The collapse is more than just the failure of one company—it may signal the unraveling of the bitcoin ATM industry itself, a business that once promised […]
After Kraken’s “Skinny” Fed Account, What’s Next for Crypto?
In March, the cryptocurrency exchange Kraken entered territory long reserved for banks. By securing a so-called “skinny account” from the Federal Reserve, Kraken gained direct access to the same payment rails used by the country’s largest financial institutions—a privilege historically limited to banks. The decision could reshape far more than the crypto industry. It signals […]