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FTX’s bankruptcy settlement is still running on two tracks: returning money to creditors while trying to take it back from others.

Also: Zcash token drops after developer quits, Smart Cashtags and BTC quantum computer defense

Users can spend stablecoins and major cryptocurrencies, which are automatically converted to Peruvian soles at the point of sale.

The Wall Street brokerage said regulatory momentum and a volatile banking backdrop are fueling demand for Figure’s blockchain-based credit platform.

The blockchain nonprofit is moving its base of operations back to the US and has appointed a new board of directors to oversee its next phase of growth.

DZ Bank will “shortly” roll out a crypto trading platform that cooperative banks can offer to customers.

Allowing crypto exchanges and other intermediaries to offer yield-like incentives on stablecoins would pose significant risks to local economies, argues Kevin Paintner, chairman of the Independent Community Bankers of America’s Digital Assets Subcommittee.

Metaplanet shares approached the 637 yen trigger that reactivates the company’s moving strike orders and unlocks hundreds of millions in new bitcoin purchases.

Crypto markets rallied on Wednesday after bitcoin broke above a key resistance level, triggering heavy liquidations and paving the way for sharp gains across altcoins.

The agreement will explore the integration of a dollar-backed stablecoin into Pakistan’s regulated payments system as the country ramps up digital currency plans and virtual asset regulations.