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If you’ve been following the headlines lately, you could easily be forgiven for thinking that the fight over stablecoin yields is the only sticking point holding the United States back from the crypto industry’s long awaited comprehensive market structure legislation. But sadly, you’d be wrong. For months now, the headlines have fixated on a genuine but ultimately tractable disagreement: whether crypto platforms should be allowed to share yield from their Treasury bill reserves with stablecoin holders, or whether that practice should be restricted to protect traditional banks from competition for consumer deposits. It’s a real fight. The American Bankers Association…

In brief Microsoft said attackers compromised a Mistral AI software download used by developers. The malware allegedly stole credentials and could damage some Linux systems. Mistral said it has no evidence that its infrastructure was compromised. Microsoft Threat Intelligence said Monday that attackers inserted malicious code into a Mistral AI software package distributed through PyPI, a popular platform developers use to download Python software tools.In a post on X, Microsoft said the malicious code automatically ran when developers used the software on Linux systems. The code downloaded a second malicious file called transformers.pyz from a remote server and launched it…

The original BIS vision of a globally interoperable CBDC empire has fallen by the wayside as countries develop bloc by bloc.gettyWhen the Bank for International Settlements walked away from Project mBridge on October 31, 2024, BIS General Manager Agustín Carstens called it a graduation. The framing has not survived the eighteen months since.mBridge has processed roughly $55.5 billion across more than 4,000 cross-border transactions. Approximately 95 percent of that volume settled in digital yuan. The current participant list is the People’s Bank of China, the Hong Kong Monetary Authority, the Bank of Thailand, the Central Bank of the UAE, and…

Bitcoin BTC$80,621.04 shrugged off the inflation scare almost as quickly as the print landed.The largest cryptocurrency dropped to $79,879 in late U.S. hours Tuesday after the April Consumer Price Index came in at 3.8% year-over-year, hotter than economists had estimated, with gasoline prices doing most of the lift since the Iran war began. BTC recovered to $81,208 by Asian morning Wednesday, ending the session up 0.3% over 24 hours after trading a $1,400 range. The dip got bought aggressively.Among the majors, BNB led with a 2.5% gain to $677, while dogecoin added 1.3% to $0.1114. Ether dropped 0.3% over 24…

Zurich, Switzerland, May 12th, 2026, Chainwire The fintech project SNC Scandic Coin (SNC) was launched by the global Scandic Finance Group (SFG). In an interview with the Neue Zürcher Nachrichten, Uwe Sellmer, a specialist in the financial sector, explained how the SNC token differs from speculative cryptocurrencies: it will serve as a regulated payment, access and loyalty instrument integrated into the SFG Group’s services, rather than merely being an object of speculation. Specifically, users within the network can pay for media apps, private jet flights, yachts, cars, AI products and domains, amongst other things, and benefit from loyalty programmes. This…

Zug, Switzerland, May 12th, 2026, Chainwire Bitcoin Suisse (International) Ltd., an affiliate of the Bitcoin Suisse Group, has received a Class F license under Bermuda’s Digital Asset Business Act and Class B registration approval under the Investment Business Act from the Bermuda Monetary Authority, authorising regulated digital asset management and investment advisory services for professional and institutional clients. The Bitcoin Suisse Group today announced that its affiliate Bitcoin Suisse (International) Ltd. has obtained a Class F digital asset business license under Bermuda’s Digital Asset Business Act and Class B registration under the Investment Business Act 2003 from the Bermuda Monetary…

Zug, Switzerland, May 12th, 2026, Chainwire As part of a broader initiative to expand access to essential banking infrastructure across Africa, Cantor8 has revealed plans to bring leading mobile money systems such as M-PESA and EVC Plus onchain via Yiksi Limited. Cantor8 has secured exclusive MOUs with Yiksi Limited, outlining plans to bring leading mobile money systems onchain and enable direct digital money services-to-crypto conversion via blockchain rails. Through its partnership with Taran App, a leading African fintech platform, and Yiksi, Taran App’s cryptocurrency exchange, Cantor8 will leverage Taran App’s infrastructure to bring two of Africa’s most widely used forms…

ZUG, SWITZERLAND, May 12th, 2026, Chainwire Nine protocol initiatives that target EVM compatibility, gasless transactions, compliant security tokens, transaction privacy, AI agent micropayments, and quantum-safe cryptography The Casper Association today published the Casper Manifest, a multi-year technical roadmap designed to make Casper Network the infrastructure layer for regulated real-world asset tokenization and the emerging machine-to-machine economy. The Manifest was introduced by Casper Association President & CTO Michael Steuer at the Digital Finance Forum in Bermuda, before an audience of leaders from Web3, traditional finance, and institutional finance. Building on major protocol releases delivered since mid-2025, including Casper 2.0 with deterministic…

Victoria, Seychelles, May 12th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, announced the launch of Race to Zero Season 2, where participants have the chance to win from a prize pool of up to 2,000g of gold bars. The event reflects MEXC’s commitment to 0-fee trading, where the in-game race to zero echoes the platform’s 0-fee philosophy and its vision of infinite opportunities for all. Season 1 of Race to Zero drew strong participation, attracting over 130,000 registered users and generating more than $62.8 billion in futures trading volume and $574 million in spot trading volume over…

Dubai, UAE, May 12th, 2026, Chainwire NEXST, the AI-driven entertainment infrastructure building the next generation of immersive fan engagement, today announced that its native token, $NXT, will begin trading globally on May 12, 2026 across major crypto trading platforms, including OKX Boost, KuCoin, MEXC, and LBank. The $NXT TGE will mark the launch of the core utility asset powering the NEXST AI Entertainment ecosystem and its on-chain fan economy. By integrating immersive VR experiences featuring Tier-1 artists, Japanese idol IP-based social gaming, and AI-powered social platforms, NEXST is bringing the multi-trillion-dollar entertainment economy on-chain. $NXT Official Listing Schedule The $NXT…