California Assembly passes AB 1180, authorizing cryptocurrency payments for state fees through a pilot program, positioning the state as a leader in digital asset adoption.
Swedish fintech Klarna begins US debit card testing through Visa partnership, challenging banks with flexible payment options for 100 million global users.
Standard Chartered warns that Bitcoin holdings by corporate treasuries could trigger downside risks if prices fall significantly, urging caution for firms holding BTC.
US share of Bitcoin, Ether, and Solana trading volume falls below 45% as Asia's market share increases, signaling a shift in global crypto trading dynamics.
Major banks have begun conducting pilot programs and discussions around crypto and distributed ledger tools, driven partly by regulatory clarity and competitive pressure.