Coinbase is preparing to launch a new American Express credit card in the U.S. this fall, and everything about it — from the design to the rewards — seems tailored to bitcoin enthusiasts. A card built around bitcoin’s origin story Unlike most crypto-linked cards, Coinbase’s upcoming product isn’t just about perks — it’s about symbolism. The card is etched with data from the Genesis Block, the very first block ever created on the Bitcoin network by pseudonymous inventor Satoshi Nakamoto on Jan. 3, 2009. ...

The European Central Bank (ECB) has gained backing for a sweeping stablecoin ban across the European Union (EU), a move that could disrupt major issuers such as Circle and Paxos. At the center of the debate are so-called multi-issuance stablecoins, tokens jointly issued in the EU and abroad, but treated as interchangeable. Under this model, EU-licensed issuers must hold reserves within the bloc, while their non-EU partners continue to manage reserves for identical tokens overseas. According to a Bloombe ...