Visa Teams Up with WeFi to Bridge Blockchain Payments and Banking Services

On April 29, global payment leader Visa announced a partnership with blockchain stablecoin infrastructure firm WeFi. The collaboration aims to bridge the "last mile" for on-chain payments and banking services. WeFi, co-founded by former Tether co-founder Reeve Collins, positions its platform as a coordination layer between DeFi and regulated payment infrastructure, supporting cross-border spending and on-chain value storage.

Read More

U.S. Escalates Pressure on Iran's Financial Networks, Sanctions 35 Targets to Disrupt Funding

On April 29, the U.S. government imposed new sanctions on 35 Iran-linked entities and individuals, accusing them of helping Tehran evade international restrictions and providing critical funding. Treasury Secretary Besant warned that any institution involved in Iran's so-called 'shadow banking' system will face severe consequences, aiming to further isolate Iran's economic channels.

Read More