Circle’s Global Play, Kraken Challenges the SEC, and a $300M Solana Bet

Crypto_Recap_Thumbnail_V2_23rd_Aug_to_29th_Aug

Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:

Circle Partners with Mastercard to Bring USDC to Global Finance. Circle and Mastercard teamed up to boost USDC adoption across banks and merchants worldwide, starting in key EMEA regions.

Japan To Bring Japanese Anime and Manga IP Onchain. Japan is moving iconic anime and manga intellectual property onto the blockchain, making it easier to license and protect digital rights.

Kraken Pushes SEC to Bring Wall Street to Blockchain. Kraken is urging the SEC to support tokenized securities and modernize finance by moving traditional assets onto public blockchains.

WebX Is Sowing Various Seeds of Innovation: Japanese Governor. At the WebX conference, Tokyo’s governor praised blockchain’s potential in business, calling it a key part of Japan’s innovation push.

Crypto Hacker Converts $300M Theft Into $8M Bet on Solana. A hacker who stole $300M in crypto is now placing high-risk bets on Solana DeFi protocols, sparking concern across the community.

From Japan’s push to bring culture and business onchain to Circle and Mastercard expanding USDC worldwide, crypto continues to go mainstream. But massive hacks and regulatory tensions show that innovation still walks hand-in-hand with risk.

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Mohamed Hussein

With a BA in Journalism and over 11 years of experience in Arabic and English media, I bring a newsroom mindset to the fast-paced world of crypto content. From breaking news to in-depth features, I’ve worked across leading platforms. Today, as a content writer in the Web3 space, I aim to make complex topics like blockchain, crypto, and digital innovation accessible to a wider audience, without compromising clarity or credibility.

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