Australia draft payments vision eyes stablecoin interoperability
A draft vision for Australia’s domestic payments system says stablecoins and tokenized fiat currency could reshape how money moves across future rails....
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MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
MARA Holdings is acquiring Long Ridge Energy & Power for $1.5 billion to fuel its AI data center expansion. The Ohio-based deal includes a 505 MW gas plant and 1,600 acres offering over 1 GW power capacity. The acquisition boosts MARA's capacity by 65% and adds $144 million in annualized EBITDA, with construction starting mid-2027.
Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction
Germany's AllUnity expanded its MiCA-compliant EURAU stablecoin to Solana, enabling faster, cheaper euro transfers for cross-border payments and trading. The move reflects surging European demand for regulated euro tokens, which doubled since early 2025 to nearly $1 billion. Backed by DWS, Flow Traders, and Galaxy Digital, EURAU targets institutional adoption amid EU regulatory push for compliant digital assets.
US seized $500M in Iranian crypto assets, Treasury secretary says
The US Treasury seized nearly $500 million in Iranian cryptocurrency assets, surpassing the previously disclosed $344 million figure. Treasury Secretary Scott Bessent announced the seizure as part of Operation Economic Fury, targeting Iran's financial infrastructure including crypto wallets and Tether's stablecoin holdings. The campaign intensifies economic pressure on Tehran amid currency crisis and broader sanctions targeting Iran's banking, shipping, and missile sectors.