Latest FinTech & Blockchain News

📅December 12, 2025 at 1:00 AM
FinTech and blockchain see Stripe's Valora acqui-hire, Revolut-Trust Wallet partnership, Nexo acquires Buenbit, Sony stablecoin launch, HK tokenized deposits, and Bitcoin dip amid volatility.
1

Stripe Acqui-Hires Crypto Payments FinTech Valora to Boost Stablecoin Strategy

Stripe has acqui-hired the Valora team to advance its stablecoin-focused strategy, aiming to expand global access to financial systems via digital assets.Source 2 Valora's expertise in web3 and user-first experiences will integrate with Stripe's platform, while the Valora app returns to cLabs.Source 2 This move aligns with Stripe's belief that stablecoins can broaden economic participation.Source 2

2

Revolut and Trust Wallet Partner for Instant Crypto Buys in Europe with Self-Custody

Fintech giant Revolut and Binance-owned Trust Wallet announced a partnership on December 11, 2025, enabling direct crypto purchases into self-custody wallets without centralized exchanges.Source 3Source 5 This revolutionizes crypto buying for European users by making it faster and easier.Source 5 The collaboration emphasizes self-custody focus amid growing demand for decentralized access.Source 3

3

Nexo Acquires Buenbit to Expand in Latin America's Crypto Market

Nexo, valued at $2 billion, acquired Argentine crypto platform Buenbit to dominate digital asset lending in Latin America amid economic challenges.Source 4 The deal integrates Buenbit's offerings with Nexo's high-yield savings and crypto-backed loans, enhancing user access and security.Source 4 This positions Nexo as a leader in regulated crypto investments for the region.Source 4

4

Sony to Launch US Dollar-Pegged Stablecoin for PlayStation and Anime Payments in 2026

Sony announced plans to launch a US dollar-pegged stablecoin next year to facilitate payments within PlayStation and anime ecosystems.Source 1 This corporate adoption accelerates blockchain use in gaming and entertainment.Source 1 It highlights growing integration of stablecoins in mainstream consumer platforms.Source 1

5

Hong Kong Monetary Authority Launches Tokenized Deposits Pilot

The Hong Kong Monetary Authority has initiated a pilot for tokenized deposits, advancing blockchain in traditional finance.Source 1 This move supports experimentation with digital assets in banking infrastructure.Source 1 It aligns with global trends in tokenization for efficient settlements.Source 1

6

SEC Chairman Unveils Next Phase of 'Project Crypto' with Howey-Based Token Taxonomy

SEC Chairman Paul Atkins announced the next phase of 'Project Crypto,' presenting a Howey-based token taxonomy to Congress.Source 1Source 6 This regulatory development aims to clarify crypto classifications.Source 6 It reflects a crypto-friendly stance from the OCC and SEC.Source 6

7

South Korea Summons Regulator for Stablecoin Bill by December 10

South Korea's leading party has summoned its financial regulator to draft a stablecoin bill proposal by December 10.Source 1 This legislative push signals growing support for regulated stablecoins.Source 1 It positions South Korea as a proactive market in crypto regulation.Source 1

8

OCC Issues Crypto-Friendly Letter on Riskless Principal Transactions

The OCC released an interpretive letter on December 11, 2025, permitting riskless principal crypto-asset transactions for banks.Source 6 This bolsters crypto integration into traditional banking.Source 6 It follows other pro-crypto regulatory actions under the current administration.Source 6

9

Algorand 2025 India Summit Highlights Blockchain for Financial Inclusion

Algorand's India Summit on December 6-7 showcased Web3 solutions like Mann Deshi's blockchain credit scorecard for women entrepreneurs and SEWA's digital health passports.Source 7 Winners included Xythum Labs for privacy-preserving cross-chain settlement.Source 7 The event underscored blockchain's role in breaking financial barriers in India.Source 7

10

Bitcoin Slides Below $90K Amid Risk Asset Concerns

Bitcoin dipped below $90,000, down 3.4%, as risk asset worries persist, with analysts warning a fall below $88,000 could end the recent uptrend.Source 8 Ether fell up to 5.8%, following broader market declines.Source 8 This reflects caution ahead of potential market shifts.Source 8

11

The Economist Highlights Blockchain Tokenization Transforming Finance

Larry Fink and Rob Goldstein's editorial notes tokenization of real-world assets grew 300% in 20 months, enabling instant settlements and expanding markets.Source 1 Nearly three-quarters of crypto holders are outside the West, paralleling the internet's growth.Source 1 This innovation broadens investable assets globally.Source 1