WORLD LAUNCHES MONEY SUPER APP IN 150+ COUNTRIES
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
World has rolled out World Money, a self-custodial financial platform offering stablecoin payments, trading, earning, and virtual accounts across more than 150 countries.
■ MORE FROM THE CRYPTO DESK
The US Treasury Department has sanctioned BitBank, an Iranian cryptocurrency exchange, for allegedly funneling hundreds of millions of dollars to the Islamic Revolutionary Guard Corps (IRGC) and facilitating Iran's toll collection scheme in the Strait of Hormuz.
The blockchain technology itself is ready for Wall Street, but tokenized markets still lack the trusted data infrastructure and risk controls necessary for mainstream adoption, according to Kaiko CEO Ambre Soubiran.
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The US Securities and Exchange Commission unveiled an Innovation Exemption allowing platforms to offer blockchain and tokenized stock trading while bypassing many traditional stock exchange regulations. The five-year program aims to foster fintech development in digital asset markets.