Soon, buying a computer without giving it work to do while you’re away will feel wasteful.

Euro-backed stablecoins once dominated spending: In early 2024, around 88% of crypto card volume settled in EURe, much of it on Gnosis. As of July, EURe’s share has fallen to about 2%. Dollar-backed stablecoins have since taken the lead. USDC handles about 58% of card spending and USDT about 26%, up from roughly 48% and 7% a year ago, respectively. Crypto payment card spending now happens overwhelmingly in digital dollars.

Ex-CFTC Chairman Chris Giancarlo says the industry needs to stop making such a big deal out of Clarity "Perhaps it's time to stop making such a big deal out of Clarity. The industry is running around saying we need Clarity, we need Clarity. Yeah, we do. But the internet is still happening, and there's never been an authorizing statute 30 years later. If we don't get Clarity, innovation goes on" "I'd like to see Clarity passed, I think it's got a lot of value in it. Among many good provisions, it reauthorizes LabCFTC, which I started when I was at the CFTC. I'd like to see not just the CFTC, but every financial regulator in Washington, in fact every regulator in Washington, have an innovation center in their own house with expertise there, which is what LabCFTC did for the CFTC" "I'd like to see Clarity passed, but I think we need to brace ourselves that it might not, and the world is going to go on"

If you ever want to use a non kyc crypto card You either pay absurd fee Get scammed Or deal with this…

every “no kyc” crypto card will disappear. recently card issuer @KulipaXYZ collapsed. twenty wallets and crypto apps had built their card programs on top of it, @ready_co and @solflare among them, about 120,000 cards in total. users found out when the card declined at the checkout. no email, no grace period. the company had announced a $6.2M raise and 70% monthly growth barely four months earlier, while its own issuing partner was already banned by the lithuanian regulator from serving it. monthly volume had quietly fallen from $9M in january to under $2M by july. the press release said growth. the rails said goodbye and here’s what should really get your attention: those were the good ones. fully kyc’d, properly regulated, and self-custodial by design, which is the only reason nobody lost money. the cards spent straight from the user’s wallet, so when the issuer died there was no balance trapped inside it. one architecture decision, made years earlier, was the entire difference between an inconvenience and a bankruptcy claim so now apply all of that to a card that promises “no kyc.” underneath it sits the same chain: a BIN, a regulated issuer, a network with a kill switch. except the issuer is smaller, the jurisdiction looser, your balance custodial, and the whole thing only works while nobody looks. if compliant programs with real engineering die overnight, what exactly do you think happens to the ones whose business model is the regulator not noticing your card is only as strong as the license behind it. your money is only as safe as where it actually sits. compliance isn’t the tax on this industry. it’s the license to scale in it.

SCOOP: Pumpfun laid off employees just two months before token vesting was scheduled. For one employee, the dismissal meant missing out on seven figures worth of PUMP tokens. sandmark.com/news/top-news/e…