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Falcon Unveils GENIUS-ready fUSD Stablecoin Backed by Anchorage Digital Bank

Key Takeaways Falcon Finance launched fUSD with Anchorage Digital as issuer for institutional use. fUSD targets 3% annual rewards as stablecoin circulation nears $320B globally. Falcon built fUSD around the GENIUS Act as institutions seek regulated stablecoins. fUSD Offers Regulated Stablecoin With Monthly Rewards for Institutions Falcon Finance has unveiled fUSD, a stablecoin aimed at…

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Aztec Labs acquires ZKPassport, code stays open

Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. Summary Aztec Labs acquired ZKPassport but will keep the iOS app and Noir circuits open source. The privacy app proves identity attributes from government IDs without revealing personal data. ZKPassport already ran sanctions checks on Aztec’s December 2025 token sale,…

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Google engineer charged with insider trading after making $1.2M on Polymarket

The U.S. Justice Department charged Google software engineer Michele Spagnuolo with insider trading, alleging the employee made $1.2 million trading on Polymarket based on confidential business information. Spagnuolo, who used the name “AlphaRaccoon” on Polymarket, has worked at Google for over 12 years, according to information on LinkedIn. “As alleged, Spagnuolo violated the duties he…

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UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping Crackdown

Key Takeaways Britain sanctioned crypto exchanges, payment providers, and individuals linked to Russia-focused financial networks. Officials connected the A7 network to military procurement, oil proceeds, and cross-border settlement channels. Stablecoin infrastructure and exchange screening now face heightened scrutiny across U.K. crypto compliance operations. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26…

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Coins.ph Expands QRPh Crypto Payments to Support Bitcoin and Ethereum

Locally licensed platform Coins.ph has expanded its QRPh crypto payments feature to support Bitcoin (BTC) and Ethereum (ETH). The update allows users to spend these cryptocurrencies at approximately 700,000 QRPh-enabled merchants nationwide, the company announced. The payment system utilizes QRPh, the national QR standard developed by the Bangko Sentral ng Pilipinas (BSP), to automatically convert…

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BIS tokenization moves to real value payments

BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. Summary Project Agora demonstrated tokenised cross-border settlement across seven central banks and more than 40 financial institutions. The Bank of Canada joined Wednesday, with real-value transactions set as the next testing milestone. The prototype preserves correspondent banking,…

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