Uzbekistan starts HUMO stablecoin payment pilot with government securities backing
The som-pegged token will be tested with participating merchants as regulators examine reserves, payment infrastructure and consumer safeguards.
The daily crypto briefing
Catch up on our latest reporting, with concise summaries and links to the full stories.
Cronos update puts funds outside Tectonic rollback at $9.19 million
New reporting separates funds transferred off Cronos from roughly $111.2 million reversed after the August 30 Tectonic lending exploit.
Ethereum Foundation sets Hegota priorities for transaction and account upgrades
The Foundation's September 7 ranking puts FOCIL and Frame Transactions at the center of Hegota, while other proposals face further development and testing.
Liquid Network recovers 3,400 BTC as restart preparations continue
A September 7 transfer returned most of the bitcoin withdrawn from Liquid's reserves, but recovery of funds does not itself confirm a network restart.
AUSTRAC Reports Action Against 45 Payment and Crypto Providers
Australia's regulator reports 45 registration actions across remittance and virtual asset businesses, highlighting its earlier GetCoins cancellation.
DBS and Citi Complete Weekend Dollar Payment on Swift
DBS and Citi used tokenized deposits for a weekend US-dollar payment on Swift’s ledger, testing faster transfers between Singapore and New York.
Fomo Beats Pump.fun in Daily Solana Revenue With $1.76M
Fomo generated $1.76 million in daily Solana revenue, beating Pump.fun’s $1.1 million, but remained well behind over the past 30 days.
FinCEN Links $12.7B in Crypto Scams to Overseas Centers
FinCEN identified $12.7 billion in suspected crypto scam activity after analyzing 33,904 reports tied largely to Southeast Asian compounds.
National Sheriffs’ Association Turns Neutral on CLARITY Act
The National Sheriffs’ Association has dropped its opposition to the CLARITY Act before a Sept. 15 procedural vote in the US Senate.
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