Headlines

South Korea’s largest bank brings cross-border payments to Kinexys

KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export companies in August 2026. Summary KB Kookmin will initially launch Kinexys-based U.S. dollar payments across ten countries during August 2026. The service links blockchain settlement with SWIFT while supporting corporate transfers beyond normal banking hours. KB becomes South Korea’s first financial…

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Argentina Opens the Door to USD Wages as Central Bank Approves Dollar Salary Accounts

Key Takeaways Argentina’s Central Bank directed private banks to process US dollar wages, expanding financial options. The policy targets dollar-earning firms, allowing them to formalize previously informal foreign payments. Adoption of this measure relies heavily on worker trust in local banks due to the 2001 withdrawal limitations. Argentina’s Central Bank Authorizes Salary Payments in Dollars…

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Strategy says Bitcoin can fall 11.4% yearly for nearly six years

Strategy says its current capital structure could withstand a prolonged Bitcoin decline while continuing to fund interest payments and preferred stock dividends.  Summary Strategy says its current structure can fund obligations through 5.8 years of steady Bitcoin declines. Company data shows a $3.225 billion cash reserve supporting preferred dividends and debt interest payments. The stress…

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